PPP Loan information for Valmarc corporation

$571,497

Valmarc corporation was initially approved for PPP Loan of amount $571,497, the current approved amount is $571,497. The loan was approved on 04/10/2020 by The Bank of America, National Association reported 20 jobs and $571,497 was used to fund payroll.

Valmarc corporation is Existing or more than 2 years old

VALMARC CORPORATION

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VALMARC CORPORATION

Borrower Address

109 HIGHLAND AVE

Borrower City

NEEDHAM HEIGHTS

Borrower State

MA

Borrower Zip

02494-3005

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

571497.00

Current Approval Amount

571497.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEEDHAM HEIGHTS

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-3005

CD

MA-04

Jobs Reported

20

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

571497.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

577446.83

Forgiveness Date

05/21/2021

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