# PPP loan: VALLEY NUT & BOLT CO INC
> **$347K** approved 04/08/2020 · Paid in Full · Loan `7740507010`
## Borrower
- **Name:** VALLEY NUT & BOLT CO INC
- **Address:** 10111 Tilley Rd S, OLYMPIA, WA, 98512-9143
- **NAICS:** 423710
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 31
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*