# PPP loan: CMG LEASING, INC.
> **$721K** approved 04/04/2020 · Paid in Full · Loan `4771607004`
## Borrower
- **Name:** CMG LEASING, INC.
- **Address:** 3169 Commerce Street, BLACKSBURG, VA, 24060-6673
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $721K
- **Initial approval:** $721K
- **Forgiven:** $726K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $541K
- **Utilities:** $180K
- **Jobs reported:** 65
## Lender
- **Originating:** Skyline National Bank
- **Servicing:** Skyline National Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*