# PPP loan: VALDEZ PAINTING INC
> **$6.84M** approved 04/28/2020 · Paid in Full · Loan `6901847200`
## Borrower
- **Name:** VALDEZ PAINTING INC
- **Address:** 2400 ALHAMBRA BOULEVARD, SACRAMENTO, CA, 95817
- **NAICS:** 238320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.84M
- **Initial approval:** $6.84M
- **Forgiven:** $6.92M (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.84M
- **Jobs reported:** 478
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*