# PPP loan: VALENCIA LUMBER, INC.
> **$425K** approved 04/11/2020 · Paid in Full · Loan `2811617101`
## Borrower
- **Name:** VALENCIA LUMBER, INC.
- **Address:** 15809 STRATHERN ST, VAN NUYS, CA, 91406-1310
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $426K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 31
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*