# PPP loan: VIRTUALS 1, INC.
> **$188K** approved 05/01/2020 · Exemption 4 · Loan `4642647706`
## Borrower
- **Name:** VIRTUALS 1, INC.
- **Address:** 8309 HAWKS GULLY AVE, DELRAY BEACH, FL, 33446
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $32K (17%)
- **Forgiveness date:** 03/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 17
## 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*