# PPP loan: VALLEYLIFE
> **$2.40M** approved 04/28/2020 · Paid in Full · Loan `7073517204`
## Borrower
- **Name:** VALLEYLIFE
- **Address:** 1142 W Hatcher, PHOENIX, AZ, 85021
- **NAICS:** 813319
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.40M
- **Initial approval:** $2.40M
- **Forgiven:** $2.43M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.40M
- **Mortgage interest:** $1K
- **Utilities:** $1K
- **Jobs reported:** 455
## 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*