# PPP loan: VLMC, INC.
> **$260K** approved 04/06/2020 · Paid in Full · Loan `6209897001`
## Borrower
- **Name:** VLMC, INC.
- **Address:** 3045 LACKLAND RD, FORT WORTH, TX, 76116-4121
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Mortgage interest:** $39K
- **Utilities:** $26K
- **Jobs reported:** 15
## Lender
- **Originating:** Captex Bank
- **Servicing:** Captex Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*