# PPP loan: MVS, INC.
> **$203K** approved 04/14/2020 · Paid in Full · Loan `7724407102`
## Borrower
- **Name:** MVS, INC.
- **Address:** 1020 19th Street NW, Suite 475, DC, 20036
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $39K
- **Utilities:** $2K
- **Health care:** $11K
- **Jobs reported:** 12
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*