PPP Loan information for Valley tooling and machine

$22,000

Valley tooling and machine was initially approved for PPP Loan of amount $22,000, the current approved amount is $22,000. The loan was approved on 02/13/2021 by The Regions Bank reported 3 jobs and $22,000 was used to fund payroll.

Valley tooling and machine is Existing or more than 2 years old

VALLEY TOOLING AND MACHINE

Date Approved

02/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

VALLEY TOOLING AND MACHINE

Borrower Address

8674 Highway 137

Borrower City

Valley Head

Borrower State

AL

Borrower Zip

35989-4200

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22000.00

Current Approval Amount

22000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valley Head

Project County Name

DE KALB

Project State

AL

Project Zip

35989-4200

CD

AL-04

Jobs Reported

3

NAICS Code

332710

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

21999.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22165.75

Forgiveness Date

11/26/2021

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