# PPP loan: VTC ENTERPRISES
> **$1.39M** approved 04/14/2020 · Paid in Full · Loan `6077827108`
## Borrower
- **Name:** VTC ENTERPRISES
- **Address:** 2445 A ST, SANTA MARIA, CA, 93455-1401
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.41M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Rent:** $22K
- **Mortgage interest:** $3K
- **Utilities:** $8K
- **Health care:** $122K
- **Jobs reported:** 260
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*