PPP Loan information for Valco precision machine inc

$219,870

Valco precision machine inc was initially approved for PPP Loan of amount $219,870, the current approved amount is $219,870. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 12 jobs and $219,870 was used to fund payroll.

Valco precision machine inc is New Business or 2 years or less

PPP Loan Search / MA / BROCKTON / Valco precision machine inc

VALCO PRECISION MACHINE INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VALCO PRECISION MACHINE INC

Borrower Address

800 W CHESTNUT ST

Borrower City

BROCKTON

Borrower State

MA

Borrower Zip

02301-5513

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219870.00

Current Approval Amount

219870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BROCKTON

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02301-5513

CD

MA-08

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

219870.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

221671.13

Forgiveness Date

02/25/2021

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