# PPP loan: VINTAGE COMMUNITIES, INC.
> **$280K** approved 04/13/2020 · Charged Off · Loan `5453087100`
## Borrower
- **Name:** VINTAGE COMMUNITIES, INC.
- **Address:** 7 UPPER NEWPORT PLAZA SUITE 250, NEWPORT BEACH, CA, 92660-2612
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $135K (48%)
- **Forgiveness date:** 07/18/2023
- **Status:** Charged Off
- **Term:** 20 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $35K
- **Utilities:** $35K
- **Jobs reported:** 13
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*