# PPP loan: US VALET INC.
> **$279K** approved 04/28/2020 · Charged Off · Loan `1387987309`
## Borrower
- **Name:** US VALET INC.
- **Address:** 17 Cocasset St. Suite 6-5, Foxborough, MA, 02035
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $155K (55%)
- **Forgiveness date:** 01/06/2022
- **Status:** Charged Off
- **Term:** 137 months
## Use of funds
- **Payroll:** $279K
- **Jobs reported:** 125
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*