PPP Loan information for Valvtechnologies inc

$4,257,306

Valvtechnologies inc was initially approved for PPP Loan of amount $4,257,306, the current approved amount is $4,257,306. The loan was approved on 04/08/2020 by The Texas Capital Bank reported 229 jobs and $4,257,306 was used to fund payroll.

Valvtechnologies inc is Existing or more than 2 years old

PPP Loan Search / TX / HOUSTON / Valvtechnologies inc

VALVTECHNOLOGIES INC

Date Approved

04/08/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

VALVTECHNOLOGIES INC

Borrower Address

5904 BINGLE RD

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77092-1302

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4257306.15

Current Approval Amount

4257306.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77092-1302

CD

TX-18

Jobs Reported

229

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

142622.00

Payroll Proceed

4079533.00

Mortgage Interest Proceed

0.00

Rent Proceed

35151.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4306994.01

Forgiveness Date

06/15/2021

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