# PPP loan: VALTEC HYDRAULICS, INC.
> **$280K** approved 04/09/2020 · Paid in Full · Loan `9667557005`
## Borrower
- **Name:** VALTEC HYDRAULICS, INC.
- **Address:** 1100 PERSHALL RD, SAINT LOUIS, MO, 63137-3538
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 17
## Lender
- **Originating:** Midwest BankCentre
- **Servicing:** Midwest BankCentre (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*