# PPP loan: HYVAL INDUSTRIES, INC.
> **$368K** approved 04/28/2020 · Paid in Full · Loan `7127217204`
## Borrower
- **Name:** HYVAL INDUSTRIES, INC.
- **Address:** 898 Widgeon Rd, Norfolk, VA, 23513
- **NAICS:** 336611
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Jobs reported:** 29
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*