# PPP loan: VALLEY CRAFT INDUSTRIES INC
> **$882K** approved 01/28/2021 · Paid in Full · Loan `7362698302`
## Borrower
- **Name:** VALLEY CRAFT INDUSTRIES INC
- **Address:** 2001 S Highway 61, Lake City, MN, 55041-9555
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $882K
- **Initial approval:** $882K
- **Forgiven:** $886K (100%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $882K
- **Utilities:** $1
- **Jobs reported:** 79
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*