PPP Loan information for Valley rental service, inc.

$515,100

Valley rental service, inc. was initially approved for PPP Loan of amount $515,100, the current approved amount is $515,100. The loan was approved on 04/13/2020 by The Dacotah Bank reported 65 jobs and $515,100 was used to fund payroll.

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

VALLEY RENTAL SERVICE, INC.

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VALLEY RENTAL SERVICE, INC.

Borrower Address

1268 MAIN ST W

Borrower City

VALLEY CITY

Borrower State

ND

Borrower Zip

58072-3642

Loan Status Date

12/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515100.00

Current Approval Amount

515100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VALLEY CITY

Project County Name

BARNES

Project State

ND

Project Zip

58072-3642

CD

ND-

Jobs Reported

65

NAICS Code

531311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

412080.00

Mortgage Interest Proceed

0.00

Rent Proceed

103020.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

518133.37

Forgiveness Date

11/20/2020

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