# PPP loan: VAP CHARLOTTE LLC
> **$265K** approved 04/10/2020 · Exemption 4 · Loan `1825007102`
## Borrower
- **Name:** VAP CHARLOTTE LLC
- **Address:** 201 S TRYON ST, CHARLOTTE, NC, 28202-0057
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $66K (25%)
- **Forgiveness date:** 12/23/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 58
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*