PPP Loan information for Vallely marine, inc

$402,800

Vallely marine, inc was initially approved for PPP Loan of amount $402,800, the current approved amount is $402,800. The loan was approved on 04/03/2020 by The Starion Bank reported 31 jobs and $402,800 was used to fund payroll.

Vallely marine, inc is Existing or more than 2 years old

PPP Loan Search / ND / MINOT / Vallely marine, inc

VALLELY MARINE, INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VALLELY MARINE, INC

Borrower Address

2125 Elk Dr

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701-5635

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402800.00

Current Approval Amount

402800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118060

Servicing Lender Name

Starion Bank

Servicing Lender Address

333 N 4th St

Servicing Lender City

BISMARCK

Servicing Lender State

ND

Servicing Lender Zip

58501-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-5635

CD

ND-

Jobs Reported

31

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

800.00

Payroll Proceed

400000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

405073.34

Forgiveness Date

11/03/2020

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