# PPP loan: VALLEY RUBBER, LLC
> **$1.73M** approved 04/27/2020 · Paid in Full · Loan `3739427200`
## Borrower
- **Name:** VALLEY RUBBER, LLC
- **Address:** 3899 HIGHWAY 31, FALKVILLE, AL, 35622-6339
- **NAICS:** 326299
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.74M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Mortgage interest:** $216K
- **Utilities:** $216K
- **Jobs reported:** 165
## Lender
- **Originating:** First Source Federal Credit Union
- **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*