# PPP loan: V M SYSTEMS INC.
> **$3.10M** approved 04/03/2020 · Paid in Full · Loan `4469207001`
## Borrower
- **Name:** V M SYSTEMS INC.
- **Address:** 3125 Hill Avenue, TOLEDO, OH, 43607-2934
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.10M
- **Initial approval:** $3.10M
- **Forgiven:** $3.14M (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.06M
- **Health care:** $43K
- **Jobs reported:** 133
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*