# PPP loan: VLS CAPITOL DRUGS INC
> **$350K** approved 04/14/2020 · Exemption 4 · Loan `6412117105`
## Borrower
- **Name:** VLS CAPITOL DRUGS INC
- **Address:** 8578 Santa Monica Blvd, West Hollywood, CA, 90069
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $307K (88%)
- **Forgiveness date:** 03/09/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 40
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*