# PPP loan: VLP LAW GROUP LLP
> **$607K** approved 04/07/2020 · Paid in Full · Loan `7230417007`
## Borrower
- **Name:** VLP LAW GROUP LLP
- **Address:** 555 BRYANT ST SUITE 820, PALO ALTO, CA, 94301-1700
- **NAICS:** 541110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $613K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Rent:** $10K
- **Utilities:** $10K
- **Health care:** $40K
- **Debt interest:** $7K
- **Jobs reported:** 20
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*