PPP Loan information for Valveworks usa, inc

$1,592,652

Valveworks usa, inc was initially approved for PPP Loan of amount $1,592,652, the current approved amount is $1,592,652. The loan was approved on 04/09/2020 by The Origin Bank reported 137 jobs and $1,592,652 was used to fund payroll.

Valveworks usa, inc is Existing or more than 2 years old

VALVEWORKS USA, INC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

VALVEWORKS USA, INC

Borrower Address

1650 SWAN LAKE RD

Borrower City

BOSSIER CITY

Borrower State

LA

Borrower Zip

71111-5304

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1592652.00

Current Approval Amount

1592652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOSSIER CITY

Project County Name

BOSSIER

Project State

LA

Project Zip

71111-5304

CD

LA-04

Jobs Reported

137

NAICS Code

333132

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

159265.00

Payroll Proceed

1274122.00

Mortgage Interest Proceed

0.00

Rent Proceed

159265.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1612737.11

Forgiveness Date

07/15/2021

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