# PPP loan: VPM MANAGEMENT INC
> **$2.29M** approved 04/10/2020 · Paid in Full · Loan `1466207100`
## Borrower
- **Name:** VPM MANAGEMENT INC
- **Address:** 2400 MAIN ST, IRVINE, CA, 92614-6225
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.29M
- **Initial approval:** $2.29M
- **Forgiven:** $2.32M (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.72M
- **Rent:** $286K
- **Utilities:** $286K
- **Jobs reported:** 275
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*