# PPP loan: VP MOTORS LLC
> **$445K** approved 05/18/2021 · Paid in Full · Loan `2796449004`
## Borrower
- **Name:** VP MOTORS LLC
- **Address:** 820 US 1, Iselin, NJ, 07095
- **NAICS:** 441120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $451K (101%)
- **Forgiveness date:** 10/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $445K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*