# PPP loan: CMG CONSTRUCTION, INC.
> **$393K** approved 04/27/2020 · Paid in Full · Loan `4473667209`
## Borrower
- **Name:** CMG CONSTRUCTION, INC.
- **Address:** 14631 NEW AVE UNIT 2, LOCKPORT, IL, 60441
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $393K
- **Initial approval:** $393K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Rent:** $16K
- **Utilities:** $4K
- **Health care:** $61K
- **Debt interest:** $939
- **Jobs reported:** 17
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*