PPP Loan information for Valley lightning torque and test llc

$161,200

Valley lightning torque and test llc was initially approved for PPP Loan of amount $161,200, the current approved amount is $161,200. The loan was approved on 06/26/2020 by The Lone Star National Bank reported 14 jobs and $161,200 was used to fund payroll.

Valley lightning torque and test llc is New Business or 2 years or less

VALLEY LIGHTNING TORQUE AND TEST LLC

Date Approved

06/26/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

VALLEY LIGHTNING TORQUE AND TEST LLC

Borrower Address

1601 W TRENTON RD

Borrower City

EDINBURG

Borrower State

TX

Borrower Zip

78539-1502

Loan Status Date

08/13/2021

Loan Status

Charged Off

Term

46

SBA Guaranty Percentage

100

Initial Approval Amount

161200.00

Current Approval Amount

161200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71592

Servicing Lender Name

Lone Star National Bank

Servicing Lender Address

206 W Ferguson

Servicing Lender City

PHARR

Servicing Lender State

TX

Servicing Lender Zip

78577-2404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

EDINBURG

Project County Name

HIDALGO

Project State

TX

Project Zip

78539-1502

CD

TX-15

Jobs Reported

14

NAICS Code

213112

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

161200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

71592

Originating Lender

Lone Star National Bank

Originating Lender City

PHARR

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41756.67

Forgiveness Date

03/18/2021

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