# PPP loan: CMG LLC
> **$196K** approved 04/09/2020 · Paid in Full · Loan `9722747007`
## Borrower
- **Name:** CMG LLC
- **Address:** 1920 S 1ST ST UNIT 904, MINNEAPOLIS, MN, 55454-1002
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Mortgage interest:** $23K
- **Utilities:** $25K
- **Jobs reported:** 41
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*