PPP Loan information for Valley equipment rental inc

$15,500

Valley equipment rental inc was initially approved for PPP Loan of amount $15,500, the current approved amount is $15,500. The loan was approved on 04/05/2020 by The People's Bank of Commerce reported 2 jobs and $15,500 was used to fund payroll.

Valley equipment rental inc is Existing or more than 2 years old

VALLEY EQUIPMENT RENTAL INC

Date Approved

04/05/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

VALLEY EQUIPMENT RENTAL INC

Borrower Address

418 APPLEGATE WAY

Borrower City

ASHLAND

Borrower State

OR

Borrower Zip

97520-9303

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15500.00

Current Approval Amount

15500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

JACKSON

Project State

OR

Project Zip

97520-9303

CD

OR-02

Jobs Reported

2

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

13500.00

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

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15658.88

Forgiveness Date

04/20/2021

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