# PPP loan: PETRO-VALVE, INC.
> **$411K** approved 04/11/2020 · Paid in Full · Loan `3564417107`
## Borrower
- **Name:** PETRO-VALVE, INC.
- **Address:** 3801 YALE ST, HOUSTON, TX, 77018-6565
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Jobs reported:** 26
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*