PPP Loan information for Valvetek utility services inc.

$262,410

Valvetek utility services inc. was initially approved for PPP Loan of amount $262,410, the current approved amount is $262,410. The loan was approved on 03/28/2021 by The Valley National Bank reported 11 jobs and $262,410 was used to fund payroll.

Valvetek utility services inc. is Existing or more than 2 years old

VALVETEK UTILITY SERVICES INC.

Date Approved

03/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

VALVETEK UTILITY SERVICES INC.

Borrower Address

20 Lafayette Pl

Borrower City

Kenilworth

Borrower State

NJ

Borrower Zip

07033-1105

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262410.00

Current Approval Amount

262410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kenilworth

Project County Name

UNION

Project State

NJ

Project Zip

07033-1105

CD

NJ-10

Jobs Reported

11

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

262407.00

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

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263794.94

Forgiveness Date

10/06/2021

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