# PPP loan: VYLETEL GROUP, INC.
> **$1.34M** approved 04/09/2020 · Paid in Full · Loan `9867167000`
## Borrower
- **Name:** VYLETEL GROUP, INC.
- **Address:** 40555 Van Dyke Avenue 0.0, Sterling Heights, MI, 48313-3738
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.36M (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Rent:** $77K
- **Utilities:** $30K
- **Health care:** $61K
- **Jobs reported:** 115
## 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*