PPP Loan information for Valley transformer inc

$171,240

Valley transformer inc was initially approved for PPP Loan of amount $171,240, the current approved amount is $171,240. The loan was approved on 01/30/2021 by The Washington Trust Bank reported 13 jobs and $171,240 was used to fund payroll.

Valley transformer inc is Existing or more than 2 years old

VALLEY TRANSFORMER INC

Date Approved

01/30/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

VALLEY TRANSFORMER INC

Borrower Address

21318 E Gilbert Ave

Borrower City

Otis Orchards

Borrower State

WA

Borrower Zip

99027-9240

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

171240.00

Current Approval Amount

171240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Otis Orchards

Project County Name

SPOKANE

Project State

WA

Project Zip

99027-9240

CD

WA-05

Jobs Reported

13

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171237.00

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

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172441.03

Forgiveness Date

10/26/2021

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