# PPP loan: VMC MANAGEMENT CORP
> **$1.32M** approved 04/27/2020 · Paid in Full · Loan `3493097207`
## Borrower
- **Name:** VMC MANAGEMENT CORP
- **Address:** 411 N Highland, Williamsburg, IA, 52361
- **NAICS:** 112210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.19M (90%)
- **Forgiveness date:** 01/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Jobs reported:** 89
## Lender
- **Originating:** Farmers Trust & Savings Bank
- **Servicing:** Farmers Trust & Savings Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*