PPP Loan information for Spring valley mfg, inc

$40,000

Spring valley mfg, inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/09/2020 by The Community 1st CU reported 3 jobs and $40,000 was used to fund payroll.

Spring valley mfg, inc is Existing or more than 2 years old

SPRING VALLEY MFG, INC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SPRING VALLEY MFG, INC

Borrower Address

3107 170th Street

Borrower City

NEW SHARON

Borrower State

IA

Borrower Zip

50207-8221

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96901

Servicing Lender Name

Community 1st CU

Servicing Lender Address

1100 Hutchinson Ave

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-9731

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW SHARON

Project County Name

MAHASKA

Project State

IA

Project Zip

50207-8221

CD

IA-01

Jobs Reported

3

NAICS Code

332313

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

96901

Originating Lender

Community 1st CU

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40329.86

Forgiveness Date

02/09/2021

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