# PPP loan: VMT IT SERVICES LLC
> **$265K** approved 05/07/2021 · Charged Off · Loan `7199238902`
## Borrower
- **Name:** VMT IT SERVICES LLC
- **Address:** 5000 Birch St Ste 3000, Newport Beach, CA, 92660-2140
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 12
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*