# PPP loan: VP SALES & MANUFACTURING LP
> **$517K** approved 04/13/2020 · Paid in Full · Loan `4968227110`
## Borrower
- **Name:** VP SALES & MANUFACTURING LP
- **Address:** 2733 W STATE HIGHWAY 44, ALICE, TX, 78332-9189
- **NAICS:** 213112
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Utilities:** $22K
- **Health care:** $82K
- **Jobs reported:** 32
## Lender
- **Originating:** Charter Bank
- **Servicing:** Charter Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*