# PPP loan: VERTICAL CONSTRUCTION, INC.
> **$237K** approved 06/16/2020 · Paid in Full · Loan `6902297900`
## Borrower
- **Name:** VERTICAL CONSTRUCTION, INC.
- **Address:** 9955 MUIRLANDS BLVD, IRVINE, CA, 92618-2508
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $142K
- **Utilities:** $95K
- **Jobs reported:** 14
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*