# PPP loan: VESBRO INC.
> **$232K** approved 05/01/2020 · Paid in Full · Loan `8010257304`
## Borrower
- **Name:** VESBRO INC.
- **Address:** 24 West 25th Street, New York, NY, 10010
- **NAICS:** 713990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Rent:** $23K
- **Utilities:** $12K
- **Jobs reported:** 24
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*