# PPP loan: VM FOODS INC.
> **$150K** approved 04/10/2020 · Paid in Full · Loan `1232557108`
## Borrower
- **Name:** VM FOODS INC.
- **Address:** PO BOX 2600, NORTH CONWAY, NH, 03860-2600
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Mortgage interest:** $13K
- **Utilities:** $9K
- **Jobs reported:** 26
## Lender
- **Originating:** Northway Bank
- **Servicing:** Northway Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*