Valley Power,inc.

$290,604 PPP Loan in Camden, New Jersey

Loan Details

Loan Number
2059917305
Date Approved
Apr 29, 2020
Loan Status
Charged Off
Initial Approval
$290,604
Current Approval
$290,604
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
3 months
Draw
First Draw

Business Information

Business Name
Valley Power,inc.
Address
1420 Crestmont Avenue
City
Camden
ZIP Code
08103
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$74,522
Utilities
$8,280
Health Care
$24,841
Mortgage Interest
$57,961
Debt Interest
$125,000

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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