# PPP loan: VIP MARKETING INC.
> **$700K** approved 04/07/2020 · Paid in Full · Loan `6469297005`
## Borrower
- **Name:** VIP MARKETING INC.
- **Address:** 1601 E Olympic Blvd Ste 210-212, LOS ANGELES, CA, 90021-1936
- **NAICS:** 424480
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $670K
- **Forgiven:** $708K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 47
## Lender
- **Originating:** Commercial Bank of California
- **Servicing:** Commercial Bank of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*