PPP Loan information for Valpac inc

$327,135

Valpac inc was initially approved for PPP Loan of amount $327,135, the current approved amount is $327,135. The loan was approved on 03/12/2021 by The PNC Bank, National Association reported 21 jobs and $327,135 was used to fund payroll.

Valpac inc is Existing or more than 2 years old

PPP Loan Search / MD / Federalsburg / Valpac inc

VALPAC INC

Date Approved

03/12/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

VALPAC INC

Borrower Address

1400 Industrial Park Rd 1400 Industrial Park Rd

Borrower City

Federalsburg

Borrower State

MD

Borrower Zip

21632-2681

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

327135.00

Current Approval Amount

327135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Federalsburg

Project County Name

CAROLINE

Project State

MD

Project Zip

21632-2681

CD

MD-01

Jobs Reported

21

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

327132.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329615.77

Forgiveness Date

12/16/2021

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