PPP Loan information for Val-pro, inc

$2,644,300

Val-pro, inc was initially approved for PPP Loan of amount $2,644,300, the current approved amount is $2,644,300. The loan was approved on 04/06/2020 by The American Business Bank reported 233 jobs and $2,644,300 was used to fund payroll.

Val-pro, inc is Existing or more than 2 years old

PPP Loan Search / CA / LOS ANGELES / Val-pro, inc

VAL-PRO, INC

Date Approved

04/06/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

VAL-PRO, INC

Borrower Address

1601 E. OLYMPIC BLVD

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90021-1921

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2644300.00

Current Approval Amount

2644300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90021-1921

CD

CA-37

Jobs Reported

233

NAICS Code

424590

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

85000.00

Payroll Proceed

2215500.00

Mortgage Interest Proceed

0.00

Rent Proceed

171900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

171900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2680378.39

Forgiveness Date

08/30/2021

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