# PPP loan: VALERO SERVICE, INC.
> **$540K** approved 04/14/2020 · Paid in Full · Loan `6075017108`
## Borrower
- **Name:** VALERO SERVICE, INC.
- **Address:** 2718 ROUTE 66, DELMONT, PA, 15626-1011
- **NAICS:** 551112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $543K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $486K
- **Mortgage interest:** $27K
- **Utilities:** $27K
- **Jobs reported:** 50
## Lender
- **Originating:** Standard Bank, A Division of Dollar Bank, Federal Savings Bank
- **Servicing:** Dollar Bank, A Federal Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*