# PPP loan: VALKYRIE SYSTEMS CORPORATION
> **$341K** approved 05/01/2020 · Charged Off · Loan `2432057709`
## Borrower
- **Name:** VALKYRIE SYSTEMS CORPORATION
- **Address:** 3033 N CENTRAL AVE STE 125, PHOENIX, AZ, 85012
- **NAICS:** 541712
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $38K
- **Utilities:** $3K
- **Health care:** $49K
- **Jobs reported:** 110
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*