PPP Loan information for Valley rubber inc.

$55,617

Valley rubber inc. was initially approved for PPP Loan of amount $55,617, the current approved amount is $55,617. The loan was approved on 03/30/2021 by The Bremer Bank, National Association reported 7 jobs and $55,617 was used to fund payroll.

Valley rubber inc. is Existing or more than 2 years old

PPP Loan Search / MN / Redwood Falls / Valley rubber inc.

VALLEY RUBBER INC.

Date Approved

03/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

VALLEY RUBBER INC.

Borrower Address

34052 Wapasha Trl

Borrower City

Redwood Falls

Borrower State

MN

Borrower Zip

56283-2831

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55617.00

Current Approval Amount

55617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Redwood Falls

Project County Name

REDWOOD

Project State

MN

Project Zip

56283-2831

CD

MN-07

Jobs Reported

7

NAICS Code

326291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55615.00

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

Subchapter S Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56362.12

Forgiveness Date

08/04/2022

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