PPP Loan information for Valley racks, inc.

$195,500

Valley racks, inc. was initially approved for PPP Loan of amount $195,500, the current approved amount is $195,500. The loan was approved on 04/03/2020 by The Bank of Kilmichael reported 26 jobs and $195,500 was used to fund payroll.

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

VALLEY RACKS, INC.

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

VALLEY RACKS, INC.

Borrower Address

253 ASHMORE DR

Borrower City

GRENADA

Borrower State

MS

Borrower Zip

38901-8515

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195500.00

Current Approval Amount

195500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39477

Servicing Lender Name

Bank of Kilmichael

Servicing Lender Address

120 N Depot Ave

Servicing Lender City

KILMICHAEL

Servicing Lender State

MS

Servicing Lender Zip

39747-9369

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRENADA

Project County Name

GRENADA

Project State

MS

Project Zip

38901-8515

CD

MS-02

Jobs Reported

26

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195500.00

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

39477

Originating Lender

Bank of Kilmichael

Originating Lender City

KILMICHAEL

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

197283.60

Forgiveness Date

03/10/2021

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