# PPP loan: VALUE PRODUCTS INC
> **$257K** approved 04/06/2020 · Paid in Full · Loan `6391687003`
## Borrower
- **Name:** VALUE PRODUCTS INC
- **Address:** 2128 INDUSTRIAL DR, STOCKTON, CA, 95206-4936
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $62K
- **Utilities:** $3K
- **Health care:** $18K
- **Jobs reported:** 24
## Lender
- **Originating:** BAC Community Bank
- **Servicing:** BAC Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*