# PPP loan: VALLELY MARINE, INC
> **$403K** approved 04/03/2020 · Paid in Full · Loan `4352507004`
## Borrower
- **Name:** VALLELY MARINE, INC
- **Address:** 2125 Elk Dr, MINOT, ND, 58701-5635
- **NAICS:** 441222
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $403K
- **Initial approval:** $403K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $2K
- **Utilities:** $800
- **Jobs reported:** 31
## Lender
- **Originating:** Starion Bank
- **Servicing:** Starion Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*