PPP Loan information for Valley distribution corp.

$316,985

Valley distribution corp. was initially approved for PPP Loan of amount $316,985, the current approved amount is $316,985. The loan was approved on 04/09/2020 by The Two Rivers Bank & Trust reported 25 jobs and $316,985 was used to fund payroll.

Valley distribution corp. is Existing or more than 2 years old

PPP Loan Search / IA / WEST BURLINGTON / Valley distribution corp.

VALLEY DISTRIBUTION CORP.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

VALLEY DISTRIBUTION CORP.

Borrower Address

215 North Summer St.

Borrower City

WEST BURLINGTON

Borrower State

IA

Borrower Zip

52655-1103

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316985.00

Current Approval Amount

316985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434140

Servicing Lender Name

Two Rivers Bank & Trust

Servicing Lender Address

222 N Main St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BURLINGTON

Project County Name

DES MOINES

Project State

IA

Project Zip

52655-1103

CD

IA-01

Jobs Reported

25

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

253588.00

Mortgage Interest Proceed

0.00

Rent Proceed

63397.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434140

Originating Lender

Two Rivers Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

318710.81

Forgiveness Date

11/03/2020

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