Valente Yeast Company INC

$291,778 PPP Loan in Maspeth, New York

Loan Details

Loan Number
7697377110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$291,778
Current Approval
$291,778
Forgiveness Amount
$293,700
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Valente Yeast Company INC
Address
6126 Maurice Ave
ZIP Code
11378-1228
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424490)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.2M
Rural/Urban
Urban
Congressional District
NY-06

Loan Use Breakdown

Payroll
$247,705
Rent
$28,200
Utilities
$11,111
Health Care
$4,762

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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