# PPP loan: VIP TIRE CORPORATION
> **$348K** approved 02/03/2021 · Paid in Full · Loan `2090698403`
## Borrower
- **Name:** VIP TIRE CORPORATION
- **Address:** 5301 S Archer Ave, Chicago, IL, 60632-4911
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Jobs reported:** 35
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*