PPP Loan information for Value added products

$427,543

Value added products was initially approved for PPP Loan of amount $427,543, the current approved amount is $427,543. The loan was approved on 01/17/2021 by The Alva State Bank & Trust Company reported 40 jobs and $427,543 was used to fund payroll.

Value added products is Existing or more than 2 years old

VALUE ADDED PRODUCTS

Date Approved

01/17/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

VALUE ADDED PRODUCTS

Borrower Address

2101 College Blvd

Borrower City

Alva

Borrower State

OK

Borrower Zip

73717-9733

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

427542.50

Current Approval Amount

427542.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58720

Servicing Lender Name

Alva State Bank & Trust Company

Servicing Lender Address

518 College Ave

Servicing Lender City

ALVA

Servicing Lender State

OK

Servicing Lender Zip

73717-2222

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alva

Project County Name

WOODS

Project State

OK

Project Zip

73717-9733

CD

OK-03

Jobs Reported

40

NAICS Code

311999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

427540.50

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

Cooperative

Originating Lender Location Id

58720

Originating Lender

Alva State Bank & Trust Company

Originating Lender City

ALVA

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

430693.43

Forgiveness Date

10/25/2021

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