# PPP loan: V.A.L. FLOORS, INC.
> **$1.57M** approved 04/14/2020 · Paid in Full · Loan `7589807100`
## Borrower
- **Name:** V.A.L. FLOORS, INC.
- **Address:** 611 U.S. 46 West, Suite 104 SUITE 104, Hasbrouck Heights, NJ, 07604
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.58M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Jobs reported:** 25
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*