PPP Loan information for Valbin corporation

$500,000

Valbin corporation was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 05/13/2020 by The Celtic Bank Corporation reported 48 jobs and $500,000 was used to fund payroll.

Valbin corporation is Existing or more than 2 years old

PPP Loan Search / MD / Bethesda / Valbin corporation

VALBIN CORPORATION

Date Approved

05/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

VALBIN CORPORATION

Borrower Address

4800 Hampden Lane

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20814

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-0001

CD

MD-08

Jobs Reported

48

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62500.00

Payroll Proceed

375000.00

Mortgage Interest Proceed

0.00

Rent Proceed

62500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

506424.66

Forgiveness Date

08/30/2021

;