# PPP loan: VIP HOSPITALITY, LLC
> **$613K** approved 04/15/2020 · Exemption 4 · Loan `9845177100`
## Borrower
- **Name:** VIP HOSPITALITY, LLC
- **Address:** 15250 32ND AVE S UNIT 68757, SEATTLE, WA, 98168
- **NAICS:** 561720
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $613K
- **Initial approval:** $613K
- **Forgiven:** $388K (63%)
- **Forgiveness date:** 07/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $610K
- **Health care:** $2K
- **Jobs reported:** 95
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*