PPP Loan information for Valley machine company, inc

$568,450

Valley machine company, inc was initially approved for PPP Loan of amount $568,450, the current approved amount is $568,450. The loan was approved on 04/11/2020 by The PNC Bank, National Association reported 49 jobs and $568,450 was used to fund payroll.

Valley machine company, inc is Existing or more than 2 years old

PPP Loan Search / AL / ALEXANDRIA / Valley machine company, inc

VALLEY MACHINE COMPANY, INC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

VALLEY MACHINE COMPANY, INC

Borrower Address

100 VMC DR

Borrower City

ALEXANDRIA

Borrower State

AL

Borrower Zip

36250-5350

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

568450.00

Current Approval Amount

568450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

CALHOUN

Project State

AL

Project Zip

36250-5350

CD

AL-03

Jobs Reported

49

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

47370.92

Payroll Proceed

426338.25

Mortgage Interest Proceed

47370.92

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47369.91

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

579724.26

Forgiveness Date

03/31/2022

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