PPP Loan information for Valve reconditioning service co.

$250,305

Valve reconditioning service co. was initially approved for PPP Loan of amount $250,305, the current approved amount is $250,305. The loan was approved on 02/03/2021 by The Fifth Third Bank reported 26 jobs and $250,305 was used to fund payroll.

Valve reconditioning service co. is Existing or more than 2 years old

VALVE RECONDITIONING SERVICE CO.

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VALVE RECONDITIONING SERVICE CO.

Borrower Address

17180 Francis St

Borrower City

Melvindale

Borrower State

MI

Borrower Zip

48122-2316

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250305.00

Current Approval Amount

250305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Melvindale

Project County Name

WAYNE

Project State

MI

Project Zip

48122-2316

CD

MI-13

Jobs Reported

26

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

250300.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

252390.88

Forgiveness Date

12/09/2021

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