Valley Distributors, Inc.

$1,627,100 PPP Loan in Lewiston, Maine

Loan Details

Loan Number
5378417004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,627,100
Current Approval
$1,627,100
Forgiveness Amount
$1,637,576
Forgiveness Date
Dec 1, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Distributors, Inc.
Address
2075 Lisbon Rd
State
Maine
ZIP Code
04240-1311
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424820)
Business Age
Existing or more than 2 years old
Jobs Reported
131
Estimated Revenue
$33.7M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$1,301,721
Rent
$185,379
Mortgage Interest
$140,000

Lender Information

Servicing Lender
Kennebec Savings Bank
Originating Lender
Kennebec Savings Bank

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