# PPP loan: VEC LLC
> **$358K** approved 02/04/2021 · Paid in Full · Loan `3292018401`
## Borrower
- **Name:** VEC LLC
- **Address:** 1155 5th St SW Ste A, Charlottesville, VA, 22902-6481
- **NAICS:** 423690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $361K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $358K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **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*