PPP Loan information for Valley oil corporation

$339,200

Valley oil corporation was initially approved for PPP Loan of amount $339,200, the current approved amount is $339,200. The loan was approved on 04/05/2020 by The United Bank reported 74 jobs and $339,200 was used to fund payroll.

Valley oil corporation is Existing or more than 2 years old

PPP Loan Search / VA / STAUNTON / Valley oil corporation

VALLEY OIL CORPORATION

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VALLEY OIL CORPORATION

Borrower Address

911 RICHMOND AVE

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-4902

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339200.00

Current Approval Amount

339200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-4902

CD

VA-06

Jobs Reported

74

NAICS Code

447190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

339200.00

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

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

342139.73

Forgiveness Date

03/01/2021

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