# PPP loan: MG DB MET II INC.
> **$697K** approved 01/26/2021 · Exemption 4 · Loan `6090548304`
## Borrower
- **Name:** MG DB MET II INC.
- **Address:** 9090 S Dadeland Blvd, Miami, FL, 33156-7820
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $461K (66%)
- **Forgiveness date:** 05/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $697K
- **Utilities:** $1
- **Jobs reported:** 52
## 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*