PPP Loan information for Vent-rite valve corp

$762,755

Vent-rite valve corp was initially approved for PPP Loan of amount $762,755, the current approved amount is $762,755. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 42 jobs and $762,755 was used to fund payroll.

Vent-rite valve corp is New Business or 2 years or less

VENT-RITE VALVE CORP

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

VENT-RITE VALVE CORP

Borrower Address

300 Pond St

Borrower City

Randolph

Borrower State

MA

Borrower Zip

02368

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

762755.00

Current Approval Amount

762755.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

Randolph

Project County Name

NORFOLK

Project State

MA

Project Zip

02368-0001

CD

MA-07

Jobs Reported

42

NAICS Code

332410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

762755.00

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

767728.58

Forgiveness Date

12/30/2020

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