Valley Machining Co.
$1,239,200 PPP Loan in Rock Valley, Iowa
Loan Details
- Loan Number
- 5343037008
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,239,200
- Current Approval
- $1,239,200
- Forgiveness Amount
- $1,252,005
- Forgiveness Date
- Apr 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Valley Machining Co.
- Address
- 1250 22nd Ave
- City
- Rock Valley
- State
- Iowa
- ZIP Code
- 51247-1443
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 109
- Estimated Revenue
- $26.6M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $1,239,200
Lender Information
- Servicing Lender
- Peoples Bank
- Originating Lender
- Peoples Bank
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