# PPP loan: VED SOFTWARE SERVICES  INC.
> **$738K** approved 01/20/2021 · Paid in Full · Loan `2314388306`
## Borrower
- **Name:** VED SOFTWARE SERVICES  INC.
- **Address:** 37811 W 12 Mile Rd Ste 201, Farmington Hills, MI, 48331-3026
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $738K
- **Initial approval:** $738K
- **Forgiven:** $746K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $738K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*