# PPP loan: LA VALLEY FOODS INC
> **$472K** approved 03/20/2021 · Exemption 4 · Loan `4873748607`
## Borrower
- **Name:** LA VALLEY FOODS INC
- **Address:** 406 Motor City Ct Ste D, Modesto, CA, 95356-9200
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $352K (75%)
- **Forgiveness date:** 08/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $472K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** US Metro Bank
- **Servicing:** US Metro Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*