# PPP loan: VAL VERDE VEGETABLE CO INC.
> **$436K** approved 03/12/2021 · Paid in Full · Loan `9252168501`
## Borrower
- **Name:** VAL VERDE VEGETABLE CO INC.
- **Address:** 2200 Trophy Dr, McAllen, TX, 78504-4116
- **NAICS:** 424480
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $438K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $436K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Rio Bank
- **Servicing:** Rio Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*