# PPP loan: VERTICAL SOFTWARE INC
> **$248K** approved 04/28/2020 · Paid in Full · Loan `1616957305`
## Borrower
- **Name:** VERTICAL SOFTWARE INC
- **Address:** 409 Keller St, PEORIA, IL, 61607
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Rent:** $62K
- **Jobs reported:** 18
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*