Valley Distributing Corporation

$344,200 PPP Loan in Salem, Virginia

Loan Details

Loan Number
3277757101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$344,200
Current Approval
$344,200
Forgiveness Amount
$347,393
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Distributing Corporation
Address
4488 Elmwood Ln
City
Salem
ZIP Code
24153-8534
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
VA-06

Loan Use Breakdown

Payroll
$344,200

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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