# PPP loan: VALLEY WEALTH GROUP, INC.
> **$166K** approved 04/14/2020 · Paid in Full · Loan `7470127100`
## Borrower
- **Name:** VALLEY WEALTH GROUP, INC.
- **Address:** 2965 Colonnade Dr, Suite 310, ROANOKE, VA, 24018
- **NAICS:** 523930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $33K
- **Utilities:** $8K
- **Jobs reported:** 10
## Lender
- **Originating:** Bank of Botetourt
- **Servicing:** Bank of Botetourt (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*