# PPP loan: VALLEY LOUNGE
> **$217K** approved 04/05/2020 · Paid in Full · Loan `5558997000`
## Borrower
- **Name:** VALLEY LOUNGE
- **Address:** 1409 Kingsley Avenue Building 2, ORANGE PARK, FL, 32073-4527
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $221K (102%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Utilities:** $54K
- **Jobs reported:** 44
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*