# PPP loan: VAL AUTOTRANSPORT LLC
> **$568K** approved 04/28/2020 · Paid in Full · Loan `8083627200`
## Borrower
- **Name:** VAL AUTOTRANSPORT LLC
- **Address:** 701 BONA TERRA DR, PHARR, TX, 78577-8614
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $568K
- **Forgiven:** $576K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $535K
- **Rent:** $13K
- **Utilities:** $6K
- **Health care:** $9K
- **Debt interest:** $6K
- **Jobs reported:** 40
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*