# PPP loan: N-LINE VALVES, INC.
> **$151K** approved 05/07/2020 · Paid in Full · Loan `3561527404`
## Borrower
- **Name:** N-LINE VALVES, INC.
- **Address:** 13350 Pike Rd, STAFFORD, TX, 77477
- **NAICS:** 332911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $24K
- **Utilities:** $3K
- **Health care:** $5K
- **Jobs reported:** 14
## 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*