# PPP loan: VAL PRODUCTIONS, LTD.
> **$675K** approved 04/07/2020 · Exemption 4 · Loan `6970947003`
## Borrower
- **Name:** VAL PRODUCTIONS, LTD.
- **Address:** 718 LAKEVIEW CIR, MOUNT JULIET, TN, 37122-5002
- **NAICS:** 512110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $675K
- **Initial approval:** $675K
- **Forgiven:** $221K (33%)
- **Forgiveness date:** 08/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $675K
- **Jobs reported:** 16
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*