# PPP loan: VIRTUAL MARKETING STRATEGIES, INC.
> **$2.11M** approved 04/28/2020 · Paid in Full · Loan `9419107207`
## Borrower
- **Name:** VIRTUAL MARKETING STRATEGIES, INC.
- **Address:** 501 PENNSYLVANIA PKWY Suite 100, INDIANAPOLIS, IN, 46280-1377
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.11M
- **Initial approval:** $2.11M
- **Forgiven:** $2.13M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.59M
- **Rent:** $304K
- **Health care:** $210K
- **Jobs reported:** 94
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*