PPP Loan information for Valveworks usa inc

$1,592,655

Valveworks usa inc was initially approved for PPP Loan of amount $1,592,655, the current approved amount is $1,592,655. The loan was approved on 02/03/2021 by The Origin Bank reported 137 jobs and $1,592,655 was used to fund payroll.

Valveworks usa inc is Existing or more than 2 years old

VALVEWORKS USA INC

Date Approved

02/03/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

VALVEWORKS USA INC

Borrower Address

1650 Swan Lake Rd

Borrower City

Bossier City

Borrower State

LA

Borrower Zip

71111-5304

Loan Status Date

07/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1592655.00

Current Approval Amount

1592655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bossier City

Project County Name

BOSSIER

Project State

LA

Project Zip

71111-5304

CD

LA-04

Jobs Reported

137

NAICS Code

333132

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1592652.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1613846.16

Forgiveness Date

06/09/2022

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