'OFA VALE, INC (CA) - 2020 PPP Loan Borrower Profile (# 6617447909)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 'OFA VALE, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in California.

Loan Detail

Loan Number

6617447909

SBA Office Code

0920

Processing Method

PPP

Curent Loan Amount

$44,500

Date Loan was Approved

Jun 16, 2020

Amount Forgiven

$44,843.81

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

44,500

Lender

Northeast Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

623312

Borrower Location

Murrieta, CA

Project Location

Murrieta, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.