# PPP loan: VALI INDUSTRIES, INC.
> **$910K** approved 04/27/2020 · Paid in Full · Loan `4147647208`
## Borrower
- **Name:** VALI INDUSTRIES, INC.
- **Address:** 285 Lombardy Street, BROOKLYN, NY, 11222-5516
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $910K
- **Initial approval:** $910K
- **Forgiven:** $917K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $682K
- **Rent:** $136K
- **Utilities:** $91K
- **Jobs reported:** 44
## Lender
- **Originating:** Flushing Bank
- **Servicing:** Flushing Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*