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Valley Machine Tool INC

$300,000 PPP Loan in Morrow, Ohio

Loan Details

Loan Number
2760447304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$300,000
Forgiveness Amount
$301,542
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Machine Tool INC
Address
9773 Morrow Cozaddale Rd
City
Morrow
State
Ohio
ZIP Code
45152-8589
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
OH-01

Loan Use Breakdown

Payroll
$250,000
Rent
$25,000
Utilities
$25,000

Lender Information

Servicing Lender
1st National Bank
Originating Lender
1st National Bank

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