PPP Loan information for Valuetronics international inc.

$502,900

Valuetronics international inc. was initially approved for PPP Loan of amount $502,900, the current approved amount is $502,900. The loan was approved on 02/14/2021 by The American Commercial Bank & Trust, National Association reported 20 jobs and $502,900 was used to fund payroll.

Valuetronics international inc. is Existing or more than 2 years old

VALUETRONICS INTERNATIONAL INC.

Date Approved

02/14/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

VALUETRONICS INTERNATIONAL INC.

Borrower Address

1675 Cambridge Dr

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60123-1144

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

502900.00

Current Approval Amount

502900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60123-1144

CD

IL-08

Jobs Reported

20

NAICS Code

423690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

502898.00

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

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

506126.94

Forgiveness Date

10/06/2021

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