PPP Loan information for Valtec llc

$1,301,100

Valtec llc was initially approved for PPP Loan of amount $1,301,120, the current approved amount is $1,301,100. The loan was approved on 04/12/2020 by The First State Bank reported 142 jobs and $1,301,100 was used to fund payroll.

Valtec llc is Existing or more than 2 years old

PPP Loan Search / MI / Imlay City / Valtec llc

VALTEC LLC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VALTEC LLC

Borrower Address

565 S Cedar St

Borrower City

Imlay City

Borrower State

MI

Borrower Zip

48444-1333

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1301120.00

Current Approval Amount

1301100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Imlay City

Project County Name

LAPEER

Project State

MI

Project Zip

48444-1333

CD

MI-09

Jobs Reported

142

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1301100.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1316071.56

Forgiveness Date

06/10/2021

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