# PPP loan: VDA INC
> **$500K** approved 04/13/2020 · Paid in Full · Loan `4496587103`
## Borrower
- **Name:** VDA INC
- **Address:** 63 Inner Belt Rd Somerville Ma 02143-4415, SOMERVILLE, MA, 02143-4415
- **NAICS:** 541490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 26
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*