# PPP loan: VALLEY ASSISTED LIVING, INC
> **$213K** approved 04/08/2020 · Paid in Full · Loan `8445937001`
## Borrower
- **Name:** VALLEY ASSISTED LIVING, INC
- **Address:** 124 N Hawksbill Street, LURAY, VA, 22835-1126
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $38K
- **Utilities:** $14K
- **Jobs reported:** 50
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*