# PPP loan: VEC, INC.
> **$3.76M** approved 04/28/2020 · Paid in Full · Loan `7289157202`
## Borrower
- **Name:** VEC, INC.
- **Address:** 977 Tibbetts Wick Rd, Girad, OH, 44420-1133
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.76M
- **Initial approval:** $3.76M
- **Forgiven:** $3.80M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.76M
- **Jobs reported:** 144
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*