# PPP loan: VALIANT INDUSTRIES INC
> **$326K** approved 01/20/2021 · Paid in Full · Loan `1972448308`
## Borrower
- **Name:** VALIANT INDUSTRIES INC
- **Address:** 12 Merrill St., Amesbury, MA, 01913
- **NAICS:** 337212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $327K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $326K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Newburyport Five Cents Savings Bank
- **Servicing:** Newburyport Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*