# PPP loan: VIP INCENTIVES, INC.
> **$197K** approved 04/08/2020 · Paid in Full · Loan `8578627006`
## Borrower
- **Name:** VIP INCENTIVES, INC.
- **Address:** 1476 NEWPARK BLVD #220, PARK CITY, UT, 84098-5775
- **NAICS:** 541490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 11
## Lender
- **Originating:** Mountain America FCU
- **Servicing:** Mountain America FCU (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*