PPP Loan information for Valley precision inc.

$198,000

Valley precision inc. was initially approved for PPP Loan of amount $198,000, the current approved amount is $198,000. The loan was approved on 04/04/2020 by The Atlantic Union Bank reported 27 jobs and $198,000 was used to fund payroll.

Valley precision inc. is Existing or more than 2 years old

VALLEY PRECISION INC.

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VALLEY PRECISION INC.

Borrower Address

501 Delaware Ave

Borrower City

WAYNESBORO

Borrower State

VA

Borrower Zip

22980-1919

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198000.00

Current Approval Amount

198000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

WAYNESBORO CITY

Project State

VA

Project Zip

22980-1919

CD

VA-06

Jobs Reported

27

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

198000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199155.00

Forgiveness Date

11/03/2020

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