# PPP loan: VMSB LLC
> **$1.49M** approved 02/02/2021 · Paid in Full · Loan `1678598404`
## Borrower
- **Name:** VMSB LLC
- **Address:** 1116 Ocean Dr, Miami Beach, FL, 33139-4609
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.49M
- **Utilities:** $1
- **Jobs reported:** 111
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*