PPP Loan information for Valley racks inc.

$188,856

Valley racks inc. was initially approved for PPP Loan of amount $188,856, the current approved amount is $188,856. The loan was approved on 03/10/2021 by The Bank of Kilmichael reported 19 jobs and $188,856 was used to fund payroll.

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

PPP Loan Search / MS / Grenada / Valley racks inc.

VALLEY RACKS INC.

Date Approved

03/10/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

VALLEY RACKS INC.

Borrower Address

253 Ashmore Dr

Borrower City

Grenada

Borrower State

MS

Borrower Zip

38901-8515

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188855.78

Current Approval Amount

188855.78

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

Y

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

19

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

188852.78

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191266.93

Forgiveness Date

06/22/2022

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