Valpac INC

$380,000 PPP Loan in Federalsburg, Maryland

Loan Details

Loan Number
7201597103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$380,000
Current Approval
$380,000
Forgiveness Amount
$382,818
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valpac INC
Address
1400 Industrial Park Rd
ZIP Code
21632-2681
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325520)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$21.8M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$380,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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