# PPP loan: VALLEY MECHANICAL CONTRACTING, INC.
> **$403K** approved 04/14/2020 · Paid in Full · Loan `5766657106`
## Borrower
- **Name:** VALLEY MECHANICAL CONTRACTING, INC.
- **Address:** 6673 E Tex-Al Dr, WASILLA, AK, 99654-9026
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $403K
- **Initial approval:** $403K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Rent:** $61K
- **Utilities:** $19K
- **Jobs reported:** 13
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*