# PPP loan: VALLEY ELECTRICAL CONTRACTORS, INC.
> **$1.85M** approved 04/05/2020 · Paid in Full · Loan `5388307010`
## Borrower
- **Name:** VALLEY ELECTRICAL CONTRACTORS, INC.
- **Address:** 3079 East Commercial Drive, MIDLAND, MI, 48642-7840
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.85M
- **Jobs reported:** 148
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*