# PPP loan: PORT HOUSTON VALVE SERVICE INC.
> **$264K** approved 04/28/2020 · Paid in Full · Loan `1382747308`
## Borrower
- **Name:** PORT HOUSTON VALVE SERVICE INC.
- **Address:** 8121 Garfield Street, Houston, TX, 77029-3829
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Mortgage interest:** $53K
- **Jobs reported:** 24
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*