# PPP loan: VMG CONSTRUCTION INC
> **$1.63M** approved 01/26/2021 · Paid in Full · Loan `6070888304`
## Borrower
- **Name:** VMG CONSTRUCTION INC
- **Address:** 43 1st St, Winter Garden, FL, 34787-3102
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.63M
- **Utilities:** $1
- **Jobs reported:** 162
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*