# PPP loan: VANTIX ELECTRIC, LLC
> **$540K** approved 04/08/2020 · Paid in Full · Loan `7728027005`
## Borrower
- **Name:** VANTIX ELECTRIC, LLC
- **Address:** 1739 SANDS PLACE STE G, MARIETTA, GA, 30063-0001
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Rent:** $54K
- **Utilities:** $54K
- **Jobs reported:** 77
## Lender
- **Originating:** Vinings Bank
- **Servicing:** Georgia's Own Credit Union (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*