# PPP loan: VMC AUTO, LLC
> **$425K** approved 04/08/2020 · Paid in Full · Loan `7990637006`
## Borrower
- **Name:** VMC AUTO, LLC
- **Address:** Carr #2 Km 16.7 Barrio Candelaria, TOA BAJA, PR, 00949
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Utilities:** $31K
- **Health care:** $31K
- **Debt interest:** $44K
- **Jobs reported:** 48
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*