# PPP loan: VIRTUAL SYSTEMS SOLUTINS
> **$1.12M** approved 01/16/2021 · Paid in Full · Loan `1204238301`
## Borrower
- **Name:** VIRTUAL SYSTEMS SOLUTINS
- **Address:** 23570 Haggerty Rd, Farmington Hills, MI, 48335-2614
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 10/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 60
## Lender
- **Originating:** University Bank
- **Servicing:** University Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*