# PPP loan: VDV EXPRESS INCORPORATED
> **$156K** approved 05/03/2020 · Charged Off · Loan `1114757402`
## Borrower
- **Name:** VDV EXPRESS INCORPORATED
- **Address:** 1263 Portchester CIR, Carol Stream, IL, 60188
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $5K (3%)
- **Forgiveness date:** 12/14/2021
- **Status:** Charged Off
- **Term:** 28 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 8
## Lender
- **Originating:** MBE Capital Partners
- **Servicing:** Lendistry-Federal Reserve (MBE) Contract (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*