Valley Rubber, LLC

$1,729,825 PPP Loan in Falkville, Alabama

Loan Details

Loan Number
3739427200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,729,825
Current Approval
$1,729,825
Forgiveness Amount
$1,742,991
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Rubber, LLC
Address
3899 Highway 31
State
Alabama
ZIP Code
35622-6339
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (326299)
Business Age
Existing or more than 2 years old
Jobs Reported
165
Estimated Revenue
$163.7M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$1,297,369
Utilities
$216,228
Mortgage Interest
$216,228

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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