# PPP loan: VTL PRECISION (CHARLESTON) INC
> **$797K** approved 04/08/2020 · Paid in Full · Loan `8564827006`
## Borrower
- **Name:** VTL PRECISION (CHARLESTON) INC
- **Address:** 9551 Palmetto Commerce Pkwy, Ste 200 0.0, Ladson, SC, 29456-6718
- **NAICS:** 336350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $797K
- **Initial approval:** $797K
- **Forgiven:** $805K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $639K
- **Rent:** $90K
- **Utilities:** $69K
- **Jobs reported:** 59
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*