# PPP loan: VALLEYWIDE LOGISTICS LLC
> **$230K** approved 04/06/2020 · Paid in Full · Loan `5666957007`
## Borrower
- **Name:** VALLEYWIDE LOGISTICS LLC
- **Address:** 3429 W LOUISE DR, PHOENIX, AZ, 85027-1646
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Health care:** $5K
- **Jobs reported:** 54
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*