# PPP loan: VALLEY LIGHTNING TORQUE AND TEST LLC
> **$161K** approved 06/26/2020 · Charged Off · Loan `4857278009`
## Borrower
- **Name:** VALLEY LIGHTNING TORQUE AND TEST LLC
- **Address:** 1601 W TRENTON RD, EDINBURG, TX, 78539-1502
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $42K (26%)
- **Forgiveness date:** 03/18/2021
- **Status:** Charged Off
- **Term:** 46 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 14
## Lender
- **Originating:** Lone Star National Bank
- **Servicing:** Lone Star National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*