PPP Loan information for Valam hospitality inc

$166,957

Valam hospitality inc was initially approved for PPP Loan of amount $166,957, the current approved amount is $166,957. The loan was approved on 02/13/2021 by The The State Bank and Trust Company reported 32 jobs and $166,957 was used to fund payroll.

Valam hospitality inc is Existing or more than 2 years old

VALAM HOSPITALITY INC

Date Approved

02/13/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

VALAM HOSPITALITY INC

Borrower Address

840 N Washington St

Borrower City

Van Wert

Borrower State

OH

Borrower Zip

45891-1269

Loan Status Date

11/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

166957.00

Current Approval Amount

166957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57477

Servicing Lender Name

The State Bank and Trust Company

Servicing Lender Address

401 Clinton St

Servicing Lender City

DEFIANCE

Servicing Lender State

OH

Servicing Lender Zip

43512-2632

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Van Wert

Project County Name

VAN WERT

Project State

OH

Project Zip

45891-1269

CD

OH-05

Jobs Reported

32

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

166951.00

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

57477

Originating Lender

The State Bank and Trust Company

Originating Lender City

DEFIANCE

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168172.08

Forgiveness Date

11/10/2021

;