# PPP loan: VIPAC INC
> **$259K** approved 05/01/2020 · Exemption 4 · Loan `4558077709`
## Borrower
- **Name:** VIPAC INC
- **Address:** 1 ETHEL ROAD SUITE 102A, EDISON, NJ, 08817
- **NAICS:** 424130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 15
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*