# PPP loan: V. L. SYSTEMS LLC
> **$802K** approved 04/08/2020 · Exemption 4 · Loan `8336487009`
## Borrower
- **Name:** V. L. SYSTEMS LLC
- **Address:** 22322 Hythe Dr, MACOMB, MI, 48044-2328
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $802K
- **Initial approval:** $802K
- **Forgiven:** $467K (58%)
- **Forgiveness date:** 05/21/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $802K
- **Jobs reported:** 24
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*