Valley Ag-Electric INC

$313,600 PPP Loan in Olton, Texas

Loan Details

Loan Number
5287287007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$313,600
Current Approval
$313,600
Forgiveness Amount
$316,196
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Ag-Electric INC
Address
2530 US Highway 70
City
Olton
State
Texas
ZIP Code
79064-2322
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
TX-19

Loan Use Breakdown

Payroll
$313,600

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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