# PPP loan: VALLEY TRANSFORMER INC
> **$171K** approved 01/30/2021 · Paid in Full · Loan `9008238300`
## Borrower
- **Name:** VALLEY TRANSFORMER INC
- **Address:** 21318 E Gilbert Ave, Otis Orchards, WA, 99027-9240
- **NAICS:** 335311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 13
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*