# PPP loan: VALMARC CORPORATION
> **$571K** approved 04/10/2020 · Paid in Full · Loan `1723967107`
## Borrower
- **Name:** VALMARC CORPORATION
- **Address:** 109 HIGHLAND AVE, NEEDHAM HEIGHTS, MA, 02494-3005
- **NAICS:** 332439
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $577K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $571K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*