PPP Loan information for Valpo motors ii inc

$118,750

Valpo motors ii inc was initially approved for PPP Loan of amount $118,750, the current approved amount is $118,750. The loan was approved on 04/14/2020 by The Horizon Bank reported 6 jobs and $118,750 was used to fund payroll.

Valpo motors ii inc is Existing or more than 2 years old

PPP Loan Search / IN / VALPARAISO / Valpo motors ii inc

VALPO MOTORS II INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VALPO MOTORS II INC

Borrower Address

1109 Morthland Dr

Borrower City

VALPARAISO

Borrower State

IN

Borrower Zip

46383

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118750.00

Current Approval Amount

118750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VALPARAISO

Project County Name

PORTER

Project State

IN

Project Zip

46383-0001

CD

IN-01

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11875.00

Payroll Proceed

95000.00

Mortgage Interest Proceed

11875.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119774.83

Forgiveness Date

03/15/2021

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