# PPP loan: VIP RUBBER COMPANY INC.
> **$2.21M** approved 04/14/2020 · Paid in Full · Loan `6194607100`
## Borrower
- **Name:** VIP RUBBER COMPANY INC.
- **Address:** 540 S. Cypress Street, LA HABRA, CA, 90631-6127
- **NAICS:** 326220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.21M
- **Initial approval:** $2.21M
- **Forgiven:** $2.23M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.07M
- **Rent:** $103K
- **Utilities:** $38K
- **Jobs reported:** 180
## Lender
- **Originating:** First Pacific Bank
- **Servicing:** First Pacific Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*