# PPP loan: VALERIO CONCRETE INC
> **$156K** approved 05/15/2020 · Paid in Full · Loan `6936037400`
## Borrower
- **Name:** VALERIO CONCRETE INC
- **Address:** 8002 THOMAS SPRINGS RD, AUSTIN, TX, 78736
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 21
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*