# PPP loan: VDA LABS, LLC
> **$228K** approved 04/10/2020 · Paid in Full · Loan `1728287103`
## Borrower
- **Name:** VDA LABS, LLC
- **Address:** 5234 Plainfield Ave NE, Grand Rapids, MI, 49525-1047
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $195K (86%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 16
## Lender
- **Originating:** Lake Michigan CU
- **Servicing:** Lake Michigan CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*