# PPP loan: VMG CONSTRUCTION INC
> **$1.22M** approved 04/08/2020 · Paid in Full · Loan `7674767008`
## Borrower
- **Name:** VMG CONSTRUCTION INC
- **Address:** 43 1st street, WINTER GARDEN, FL, 34787-3102
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $912K
- **Utilities:** $304K
- **Jobs reported:** 151
## 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*