# PPP loan: VEP HEALTHCARE INC
> **$5.19M** approved 04/09/2020 · Paid in Full · Loan `9117067006`
## Borrower
- **Name:** VEP HEALTHCARE INC
- **Address:** 1001 GALAXY WAY Suite 400, CONCORD, CA, 94520-5724
- **NAICS:** 621493
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.19M
- **Initial approval:** $5.19M
- **Forgiven:** $5.25M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.73M
- **Rent:** $76K
- **Utilities:** $10K
- **Health care:** $384K
- **Jobs reported:** 317
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*