PPP Loan information for Valpo motors inc

$124,500

Valpo motors inc was initially approved for PPP Loan of amount $124,500, the current approved amount is $124,500. The loan was approved on 03/05/2021 by The Horizon Bank reported 6 jobs and $124,500 was used to fund payroll.

Valpo motors inc is Existing or more than 2 years old

VALPO MOTORS INC

Date Approved

03/05/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

VALPO MOTORS INC

Borrower Address

837 Lincolnway Valparaiso In

Borrower City

Valparaiso

Borrower State

IN

Borrower Zip

46383-5803

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124500.00

Current Approval Amount

124500.00

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

46383-5803

CD

IN-01

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124495.00

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

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

125202.66

Forgiveness Date

10/06/2021

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