# PPP loan: VALCRETE INC
> **$169K** approved 04/09/2020 · Paid in Full · Loan `9947747008`
## Borrower
- **Name:** VALCRETE INC
- **Address:** 200 S. 17TH ST, ROCKY FORD, CO, 81067-1963
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Utilities:** $30K
- **Health care:** $9K
- **Jobs reported:** 16
## Lender
- **Originating:** First National Bank Colorado
- **Servicing:** First National Bank Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*