# PPP loan: MILES CONSTRUCTION GROUP INC
> **$314K** approved 02/06/2021 · Charged Off · Loan `4223208400`
## Borrower
- **Name:** MILES CONSTRUCTION GROUP INC
- **Address:** 41725 Elm St Ste 303, Murrieta, CA, 92562-1401
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $200K (64%)
- **Forgiveness date:** 09/26/2022
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $314K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*