# PPP loan: V&L RED DEVIL MANUFACTURING, INC.
> **$182K** approved 04/08/2020 · Paid in Full · Loan `7844687001`
## Borrower
- **Name:** V&L RED DEVIL MANUFACTURING, INC.
- **Address:** 422 MERCANTILE CT, WHEELING, IL, 60090-4738
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Health care:** $15K
- **Jobs reported:** 17
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*