PPP Loan information for Valmead motors inc

$2,130

Valmead motors inc was initially approved for PPP Loan of amount $2,130, the current approved amount is $2,130. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 2 jobs and $2,130 was used to fund payroll.

Valmead motors inc is Existing or more than 2 years old

PPP Loan Search / NC / LENOIR / Valmead motors inc

VALMEAD MOTORS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VALMEAD MOTORS INC

Borrower Address

1120 MAIN STREET NW

Borrower City

LENOIR

Borrower State

NC

Borrower Zip

28645

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2130.00

Current Approval Amount

2130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LENOIR

Project County Name

CALDWELL

Project State

NC

Project Zip

28645-0001

CD

NC-05

Jobs Reported

2

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2130.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2154.63

Forgiveness Date

07/06/2021

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