# PPP loan: VERDE SERVICES, LLC
> **$589K** approved 04/07/2020 · Exemption 4 · Loan `6736837007`
## Borrower
- **Name:** VERDE SERVICES, LLC
- **Address:** 339 AVENUE A, LAUREL, MS, 39440-5836
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $440K (75%)
- **Forgiveness date:** 11/22/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $490K
- **Utilities:** $71K
- **Health care:** $17K
- **Jobs reported:** 61
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*