# PPP loan: VALLEY MACHINE CO. INC.
> **$316K** approved 03/12/2021 · Paid in Full · Loan `9456598503`
## Borrower
- **Name:** VALLEY MACHINE CO. INC.
- **Address:** 7500 Shadwell Dr Ste A, Roanoke, VA, 24019-5103
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $317K (100%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 50
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*