# PPP loan: THE VALLEY MANAGEMENT GROUP, INC.
> **$156K** approved 05/01/2020 · Paid in Full · Loan `2557547707`
## Borrower
- **Name:** THE VALLEY MANAGEMENT GROUP, INC.
- **Address:** 4500 S LAKESHORE DR STE 205, TEMPE, AZ, 85282
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $8K
- **Utilities:** $600
- **Health care:** $2K
- **Jobs reported:** 12
## 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*