# PPP loan: VKC GROUP INC.
> **$520K** approved 04/11/2020 · Paid in Full · Loan `3423007109`
## Borrower
- **Name:** VKC GROUP INC.
- **Address:** 322 Julie Rivers Dr., Sugar land, TX, 77478-3179
- **NAICS:** 551112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $526K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Rent:** $35K
- **Utilities:** $2K
- **Jobs reported:** 35
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*