# PPP loan: VP CONCRETE INC.
> **$720K** approved 02/17/2021 · Paid in Full · Loan `9647618401`
## Borrower
- **Name:** VP CONCRETE INC.
- **Address:** 27580 Tabb Ln, Menifee, CA, 92584-9521
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $728K (101%)
- **Forgiveness date:** 04/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $720K
- **Jobs reported:** 60
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*