# PPP loan: VLP, LLC
> **$780K** approved 04/05/2020 · Paid in Full · Loan `5506057009`
## Borrower
- **Name:** VLP, LLC
- **Address:** 165 TECHNOLOGY DRIVE, DOTHAN, AL, 36303-1256
- **NAICS:** 311919
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $780K
- **Initial approval:** $780K
- **Forgiven:** $785K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $663K
- **Rent:** $52K
- **Mortgage interest:** $13K
- **Utilities:** $18K
- **Debt interest:** $34K
- **Jobs reported:** 93
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*