# PPP loan: VALID INVESTMENTS LLC
> **$196K** approved 07/29/2020 · Charged Off · Loan `1125838208`
## Borrower
- **Name:** VALID INVESTMENTS LLC
- **Address:** 5975 Christopher Lane, Lithonia, GA, 30058-5617
- **NAICS:** 423320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $182K (93%)
- **Forgiveness date:** 02/10/2022
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 11
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*