# PPP loan: VALANT ASSOCIATES LLC
> **$186K** approved 04/07/2020 · Paid in Full · Loan `7026557006`
## Borrower
- **Name:** VALANT ASSOCIATES LLC
- **Address:** 266 NW Peakock Blvd, PORT SAINT LUCIE, FL, 34986
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $242K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Mortgage interest:** $2K
- **Utilities:** $350
- **Jobs reported:** 17
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*