# PPP loan: VPNET INC.
> **$281K** approved 04/27/2020 · Paid in Full · Loan `4794997204`
## Borrower
- **Name:** VPNET INC.
- **Address:** Carr 172 KM 49.7 Int. Plaza Cidra Mall Nivel 1 Local 18, CIDRA, PR, 00739
- **NAICS:** 517210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Jobs reported:** 45
## Lender
- **Originating:** Cooperativa de Ahorro y Cr<ac,e>dito de Arecibo (COOPACA)
- **Servicing:** Cooperativa de Ahorro y Cr<ac,e>dito de Arecibo (COOPACA) (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*