PPP Loan information for Valley power,inc.

$290,604

Valley power,inc. was initially approved for PPP Loan of amount $290,604, the current approved amount is $290,604. The loan was approved on 04/29/2020 by The American Express National Bank reported 28 jobs and $290,604 was used to fund payroll.

Valley power,inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Camden / Valley power,inc.

VALLEY POWER,INC.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VALLEY POWER,INC.

Borrower Address

1420 Crestmont Avenue

Borrower City

Camden

Borrower State

NJ

Borrower Zip

08103

Loan Status Date

12/14/2021

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

290604.25

Current Approval Amount

290604.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Camden

Project County Name

CAMDEN

Project State

NJ

Project Zip

08103-0001

CD

NJ-01

Jobs Reported

28

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8280.21

Payroll Proceed

74521.91

Mortgage Interest Proceed

57961.49

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24840.64

Debt Interest Proceed

125000

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;