# PPP loan: VIP DISTRIBUTING COMPANY
> **$1.05M** approved 04/09/2020 · Paid in Full · Loan `9879347003`
## Borrower
- **Name:** VIP DISTRIBUTING COMPANY
- **Address:** 1424 Ashby Rd., SAINT LOUIS, MO, 63132-1211
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $907K
- **Rent:** $121K
- **Utilities:** $25K
- **Jobs reported:** 121
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*