# PPP loan: VALLEY PRECISION LLC
> **$277K** approved 04/15/2020 · Paid in Full · Loan `2056497206`
## Borrower
- **Name:** VALLEY PRECISION LLC
- **Address:** 195 Penn Am Drive, Quakertown, PA, 18951
- **NAICS:** 333993
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $235K (85%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Jobs reported:** 11
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*