PPP Loan information for Valpac inc

$380,000

Valpac inc was initially approved for PPP Loan of amount $380,000, the current approved amount is $380,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 22 jobs and $380,000 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

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

VALPAC INC

Borrower Address

1400 INDUSTRIAL PARK RD

Borrower City

FEDERALSBURG

Borrower State

MD

Borrower Zip

21632-2681

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380000.00

Current Approval Amount

380000.00

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

22

NAICS Code

325520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

380000.00

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

382818.33

Forgiveness Date

01/14/2021

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