# PPP loan: VALENCELL INC
> **$647K** approved 01/20/2021 · Paid in Full · Loan `2334388303`
## Borrower
- **Name:** VALENCELL INC
- **Address:** 4601 Six Forks Rd Ste 103, Raleigh, NC, 27609-5272
- **NAICS:** 541714
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $647K
- **Initial approval:** $647K
- **Forgiven:** $656K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $647K
- **Jobs reported:** 33
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*