# PPP loan: VSM, LLC
> **$390K** approved 05/04/2020 · Paid in Full · Loan `1720057404`
## Borrower
- **Name:** VSM, LLC
- **Address:** 8257 Saint Francis Drive, Severn, MD, 21144
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $26K (7%)
- **Forgiveness date:** 12/02/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Jobs reported:** 5
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*