# PPP loan: V&W SUPPLY COMPANY, INC
> **$564K** approved 04/05/2020 · Paid in Full · Loan `5530267002`
## Borrower
- **Name:** V&W SUPPLY COMPANY, INC
- **Address:** 3320 2ND AVE S, BIRMINGHAM, AL, 35222-1214
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $564K
- **Initial approval:** $564K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Rent:** $90K
- **Utilities:** $14K
- **Jobs reported:** 48
## 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*