# PPP loan: VLSR MADIREDDY MD P.C.
> **$168K** approved 05/01/2020 · Charged Off · Loan `3220797700`
## Borrower
- **Name:** VLSR MADIREDDY MD P.C.
- **Address:** 4129 OKEMOS RD SUITE 7, OKEMOS, MI, 48864
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $44K (26%)
- **Forgiveness date:** 04/19/2022
- **Status:** Charged Off
- **Term:** 30 months
## Use of funds
- **Payroll:** $66K
- **Rent:** $5K
- **Utilities:** $43K
- **Health care:** $53K
- **Jobs reported:** 2
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*