# PPP loan: VALO BIOMEDIA NORTH AMERICA LLC
> **$560K** approved 05/01/2020 · Paid in Full · Loan `3857267702`
## Borrower
- **Name:** VALO BIOMEDIA NORTH AMERICA LLC
- **Address:** 21459 OLD HWY 6, ADEL, IA, 50003
- **NAICS:** 112340
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $560K
- **Initial approval:** $560K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $560K
- **Jobs reported:** 70
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*