Valley Power Equipment, INC
$194,380 PPP Loan in Stillwater, Minnesota
Loan Details
- Loan Number
- 6167107206
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $194,380
- Current Approval
- $194,380
- Forgiveness Amount
- $196,084
- Forgiveness Date
- Mar 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Valley Power Equipment, INC
- Address
- 5920 Memorial Ave
- City
- Stillwater
- State
- Minnesota
- ZIP Code
- 55082-1090
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (444210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-04
Loan Use Breakdown
- Payroll
- $156,380
- Rent
- $33,000
- Utilities
- $5,000
Lender Information
- Servicing Lender
- Lake Elmo Bank
- Originating Lender
- Lake Elmo Bank
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