# PPP loan: VALET FORCES INC
> **$163K** approved 05/01/2020 · Paid in Full · Loan `1022697705`
## Borrower
- **Name:** VALET FORCES INC
- **Address:** 4502 SUNBURST ST, BELLAIRE, TX, 77401
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $3K
- **Jobs reported:** 450
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*