Valley Machine & Tool Inc.

$86,070 PPP Loan in Sevierville, Tennessee

Loan Details

Loan Number
2724197108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$86,070
Current Approval
$86,070
Forgiveness Amount
$86,979
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Machine & Tool Inc.
Address
4178 Birds Creek Rd
ZIP Code
37876-6147
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811412)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TN-01

Loan Use Breakdown

Payroll
$68,856
Utilities
$8,607
Mortgage Interest
$8,607

Lender Information

Servicing Lender
Tennessee State Bank
Originating Lender
Tennessee State Bank

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