# PPP loan: VALLEY PRECISION INC.
> **$198K** approved 04/04/2020 · Paid in Full · Loan `4895997007`
## Borrower
- **Name:** VALLEY PRECISION INC.
- **Address:** 501 Delaware Ave, WAYNESBORO, VA, 22980-1919
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 27
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*