# PPP loan: V.T.L.,INC.
> **$248K** approved 04/05/2020 · Paid in Full · Loan `5116067006`
## Borrower
- **Name:** V.T.L.,INC.
- **Address:** 5747 W Isabella Rd, MOUNT PLEASANT, MI, 48858-9302
- **NAICS:** 454110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Health care:** $25K
- **Jobs reported:** 17
## Lender
- **Originating:** Isabella Bank
- **Servicing:** Isabella Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*