# PPP loan: VALLORBS JEWEL COMPANY
> **$3.15M** approved 04/14/2020 · Paid in Full · Loan `6211627109`
## Borrower
- **Name:** VALLORBS JEWEL COMPANY
- **Address:** 2710 Division Hwy PO Box 8, NEW HOLLAND, PA, 17557
- **NAICS:** 339999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.15M
- **Initial approval:** $3.15M
- **Forgiven:** $3.19M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.48M
- **Rent:** $197K
- **Utilities:** $60K
- **Health care:** $350K
- **Debt interest:** $71K
- **Jobs reported:** 250
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*