PPP Loan information for Valve reconditioning service co

$335,400

Valve reconditioning service co was initially approved for PPP Loan of amount $335,400, the current approved amount is $335,400. The loan was approved on 04/27/2020 by The First State Bank reported 25 jobs and $335,400 was used to fund payroll.

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

PPP Loan Search / MI / Melvindale / Valve reconditioning service co

VALVE RECONDITIONING SERVICE CO

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VALVE RECONDITIONING SERVICE CO

Borrower Address

17180 Francis St

Borrower City

Melvindale

Borrower State

MI

Borrower Zip

48122-2316

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335400.00

Current Approval Amount

335400.00

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

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

25

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

335400.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

338046.44

Forgiveness Date

02/11/2021

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