# PPP loan: CUSTOM VALVE CONCEPTS INC
> **$832K** approved 02/04/2021 · Paid in Full · Loan `2763848406`
## Borrower
- **Name:** CUSTOM VALVE CONCEPTS INC
- **Address:** 31651 Research Park Dr, Madison Heights, MI, 48071-4626
- **NAICS:** 332911
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $832K
- **Initial approval:** $832K
- **Forgiven:** $838K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $832K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*