PPP Loan information for Valley machine & tool inc.

$86,070

Valley machine & tool inc. was initially approved for PPP Loan of amount $86,070, the current approved amount is $86,070. The loan was approved on 04/11/2020 by The Tennessee State Bank reported 10 jobs and $86,070 was used to fund payroll.

Valley machine & tool inc. is Existing or more than 2 years old

PPP Loan Search / TN / SEVIERVILLE / Valley machine & tool inc.

VALLEY MACHINE & TOOL INC.

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

VALLEY MACHINE & TOOL INC.

Borrower Address

4178 BIRDS CREEK RD

Borrower City

SEVIERVILLE

Borrower State

TN

Borrower Zip

37876-6147

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86070.00

Current Approval Amount

86070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67003

Servicing Lender Name

Tennessee State Bank

Servicing Lender Address

2210 Parkway

Servicing Lender City

Pigeon Forge

Servicing Lender State

TN

Servicing Lender Zip

37868

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEVIERVILLE

Project County Name

SEVIER

Project State

TN

Project Zip

37876-6147

CD

TN-01

Jobs Reported

10

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8607.00

Payroll Proceed

68856.00

Mortgage Interest Proceed

8607.00

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

67003

Originating Lender

Tennessee State Bank

Originating Lender City

Pigeon Forge

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86978.52

Forgiveness Date

05/06/2021

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