# PPP loan: VERTICAL GEOSOLUTIONS, INC.
> **$386K** approved 04/05/2020 · Paid in Full · Loan `5592987001`
## Borrower
- **Name:** VERTICAL GEOSOLUTIONS, INC.
- **Address:** 130 Sawgrass Ln, O FALLON, IL, 62269-6645
- **NAICS:** 541370
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $386K
- **Initial approval:** $349K
- **Forgiven:** $388K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Rent:** $96K
- **Jobs reported:** 25
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*