# PPP loan: VIRTUAL MATRIX CORPORATION
> **$422K** approved 05/01/2020 · Paid in Full · Loan `8463937310`
## Borrower
- **Name:** VIRTUAL MATRIX CORPORATION
- **Address:** 7300 FRANCE AVE S STE 210, EDINA, MN, 55435-4542
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $436K (103%)
- **Forgiveness date:** 06/29/2023
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $422K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*