# PPP loan: PEDAL VALVES INC.
> **$480K** approved 01/20/2021 · Paid in Full · Loan `2309698300`
## Borrower
- **Name:** PEDAL VALVES INC.
- **Address:** 13625 River Rd, Luling, LA, 70070-4265
- **NAICS:** 332919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $480K
- **Initial approval:** $480K
- **Forgiven:** $486K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $480K
- **Jobs reported:** 44
## Lender
- **Originating:** First American Bank & Trust
- **Servicing:** First American Bank & Trust (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*