# PPP loan: VAM FOODS LLC
> **$824K** approved 04/09/2020 · Paid in Full · Loan `9560627002`
## Borrower
- **Name:** VAM FOODS LLC
- **Address:** 3503 S Loop 336 E, CONROE, TX, 77301-6850
- **NAICS:** 311412
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $824K
- **Initial approval:** $824K
- **Forgiven:** $835K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $794K
- **Rent:** $16K
- **Utilities:** $15K
- **Jobs reported:** 120
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*