PPP Loan information for Valtec, inc.

$112,500

Valtec, inc. was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/08/2020 by The First Bank reported 17 jobs and $112,500 was used to fund payroll.

Valtec, inc. is Existing or more than 2 years old

VALTEC, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VALTEC, INC.

Borrower Address

2790 DICKINSON AVE

Borrower City

GREENVILLE

Borrower State

NC

Borrower Zip

27834-5056

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

PITT

Project State

NC

Project Zip

27834-5056

CD

NC-01

Jobs Reported

17

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3125.00

Payroll Proceed

84375.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113353.77

Forgiveness Date

01/12/2021

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