# PPP loan: VALLEY SEALCOAT INC.
> **$266K** approved 04/08/2020 · Paid in Full · Loan `8225437002`
## Borrower
- **Name:** VALLEY SEALCOAT INC.
- **Address:** 6265 CONTRACTOR DRIVE W, APPLETON, WI, 54914-8419
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $188K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $33K
- **Utilities:** $33K
- **Jobs reported:** 21
## Lender
- **Originating:** Settlers Bank
- **Servicing:** Wings Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*