PPP Loan information for Valo

$55,000

Valo was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 05/05/2020 by The Bath Savings Institution reported 9 jobs and $55,000 was used to fund payroll.

Valo is New Business or 2 years or less

VALO

Date Approved

05/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

VALO

Borrower Address

121 Main Street

Borrower City

YARMOUTH

Borrower State

ME

Borrower Zip

04096

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29592

Servicing Lender Name

Bath Savings Institution

Servicing Lender Address

105 Front St

Servicing Lender City

BATH

Servicing Lender State

ME

Servicing Lender Zip

04530-2608

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

YARMOUTH

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04096-0001

CD

ME-01

Jobs Reported

9

NAICS Code

624190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55000.00

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

Non-Profit Organization

Originating Lender Location Id

29592

Originating Lender

Bath Savings Institution

Originating Lender City

BATH

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

55302.88

Forgiveness Date

12/02/2020

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