Valley Electric, Inc.

$400,000 PPP Loan in Alamosa, Colorado

Loan Details

Loan Number
1633657104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$400,000
Current Approval
$400,000
Forgiveness Amount
$402,652
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Electric, Inc.
Address
6687 Malouff Road
ZIP Code
81101-9739
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
CO-03

Loan Use Breakdown

Payroll
$378,400
Rent
$12,400
Utilities
$3,000
Health Care
$6,200

Lender Information

Servicing Lender
First Southwest Bank
Originating Lender
First Southwest Bank

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