# PPP loan: MGM WATERPROOFING AND RESTORATION INC.
> **$180K** approved 02/25/2021 · Exemption 4 · Loan `4448488502`
## Borrower
- **Name:** MGM WATERPROOFING AND RESTORATION INC.
- **Address:** 6477 E 58th Ave, Commerce City, CO, 80022-3909
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $175K (97%)
- **Forgiveness date:** 10/25/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*