# PPP loan: VCINITY, INC
> **$1.30M** approved 04/28/2020 · Paid in Full · Loan `1080287306`
## Borrower
- **Name:** VCINITY, INC
- **Address:** 2055 Gateway Place, Suite 650, San Jose, CA, 95110-1084
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Mortgage interest:** $261K
- **Jobs reported:** 52
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*