# PPP loan: VERT ENERGY GROUP
> **$154K** approved 04/15/2020 · Paid in Full · Loan `9247697103`
## Borrower
- **Name:** VERT ENERGY GROUP
- **Address:** 100 SPECTRUM CENTER DR STE 900, IRVINE, CA, 92618-4974
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $7K
- **Health care:** $3K
- **Jobs reported:** 14
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*