# PPP loan: VAL U CHEM INC
> **$368K** approved 01/21/2021 · Paid in Full · Loan `3065008300`
## Borrower
- **Name:** VAL U CHEM INC
- **Address:** 2219 E University Dr, Phoenix, AZ, 85034-6803
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $371K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $368K
- **Utilities:** $1
- **Jobs reported:** 23
## 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*