Val-Pro, INC

$2,644,300 PPP Loan in Los Angeles, California

Loan Details

Loan Number
6280827005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,644,300
Current Approval
$2,644,300
Forgiveness Amount
$2,680,378
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Val-Pro, INC
Address
1601 E. Olympic Blvd
ZIP Code
90021-1921
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424590)
Business Age
Existing or more than 2 years old
Jobs Reported
233
Estimated Revenue
$60.0M
Rural/Urban
Urban
Congressional District
CA-37

Loan Use Breakdown

Payroll
$2,215,500
Rent
$171,900
Utilities
$85,000
Health Care
$171,900

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

Other PPP Loans in Los Angeles, CA

BusinessApproved
Los Angeles Philharmonic Association$10,000,000NewBizBotAI Deep Dive
Career Group Inc.$10,000,000NewBizBotAI Deep Dive
Screen Actors Guild-American Federation of Television and Ra$10,000,000NewBizBotAI Deep Dive
Los Angeles Lgbt Center$10,000,000NewBizBotAI Deep Dive
Grill Concepts INC$10,000,000NewBizBotAI Deep Dive

Want to research this company further?