PPP Loan information for Valpo motors, inc.

$124,000

Valpo motors, inc. was initially approved for PPP Loan of amount $124,000, the current approved amount is $124,000. The loan was approved on 04/14/2020 by The Horizon Bank reported 6 jobs and $124,000 was used to fund payroll.

Valpo motors, inc. is Existing or more than 2 years old

PPP Loan Search / IN / VALPARAISO / Valpo motors, inc.

VALPO MOTORS, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

VALPO MOTORS, INC.

Borrower Address

837 Lincolnway

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

124000.00

Current Approval Amount

124000.00

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

N

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

12400.00

Payroll Proceed

99200.00

Mortgage Interest Proceed

12400.00

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

125070.14

Forgiveness Date

03/15/2021

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