# PPP loan: VALERI'S TROPICAL BAKESHOP III INC
> **$163K** approved 05/01/2020 · Paid in Full · Loan `4350047701`
## Borrower
- **Name:** VALERI'S TROPICAL BAKESHOP III INC
- **Address:** 6051 MACK ROAD, SACRAMENTO, CA, 95823
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $166K (102%)
- **Forgiveness date:** 05/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 25
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*