PPP Loan information for Valley distributors, inc.

$1,627,100

Valley distributors, inc. was initially approved for PPP Loan of amount $1,627,100, the current approved amount is $1,627,100. The loan was approved on 04/05/2020 by The Kennebec Savings Bank reported 131 jobs and $1,627,100 was used to fund payroll.

Valley distributors, inc. is Existing or more than 2 years old

PPP Loan Search / ME / LEWISTON / Valley distributors, inc.

VALLEY DISTRIBUTORS, INC.

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

VALLEY DISTRIBUTORS, INC.

Borrower Address

2075 Lisbon Rd

Borrower City

LEWISTON

Borrower State

ME

Borrower Zip

04240-1311

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1627100.00

Current Approval Amount

1627100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29386

Servicing Lender Name

Kennebec Savings Bank

Servicing Lender Address

150 State St

Servicing Lender City

AUGUSTA

Servicing Lender State

ME

Servicing Lender Zip

04330-7418

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISTON

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04240-1311

CD

ME-02

Jobs Reported

131

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1301721.00

Mortgage Interest Proceed

140000.00

Rent Proceed

185379.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29386

Originating Lender

Kennebec Savings Bank

Originating Lender City

AUGUSTA

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1637575.85

Forgiveness Date

12/01/2020

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