# PPP loan: HOLMES LFC, INC.
> **$234K** approved 04/10/2020 · Paid in Full · Loan `1424467110`
## Borrower
- **Name:** HOLMES LFC, INC.
- **Address:** 2218 College Ave, AUSTIN, TX, 78704-5206
- **NAICS:** 722110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $238K (102%)
- **Forgiveness date:** 12/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $187K
- **Mortgage interest:** $45K
- **Utilities:** $2K
- **Jobs reported:** 28
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*