# PPP loan: VIP CREDIT SOLUTIONS
> **$225K** approved 05/22/2020 · Charged Off · Loan `1903517806`
## Borrower
- **Name:** VIP CREDIT SOLUTIONS
- **Address:** 1122 Meadowood Lane, Douglasville, GA, 30135-8810
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 18
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*