PPP Loan information for Valley motor sports inc

$82,487

Valley motor sports inc was initially approved for PPP Loan of amount $82,487, the current approved amount is $82,487. The loan was approved on 04/15/2020 by The Village Bank reported 4 jobs and $82,487 was used to fund payroll.

Valley motor sports inc is Existing or more than 2 years old

VALLEY MOTOR SPORTS INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VALLEY MOTOR SPORTS INC

Borrower Address

3380 DODD RD

Borrower City

EAGAN

Borrower State

MN

Borrower Zip

55121-2316

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82487.00

Current Approval Amount

82487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAGAN

Project County Name

DAKOTA

Project State

MN

Project Zip

55121-2316

CD

MN-02

Jobs Reported

4

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82487.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83135.60

Forgiveness Date

02/16/2021

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