Valley Distribution Corp.

$316,985 PPP Loan in West Burlington, Iowa

Loan Details

Loan Number
9109837001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$316,985
Current Approval
$316,985
Forgiveness Amount
$318,711
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Distribution Corp.
Address
215 North Summer St.
State
Iowa
ZIP Code
52655-1103
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$253,588
Rent
$63,397

Lender Information

Servicing Lender
Two Rivers Bank & Trust
Originating Lender
Two Rivers Bank & Trust

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