# PPP loan: LB HOLDINGS
> **$199K** approved 04/10/2020 · Paid in Full · Loan `1757847104`
## Borrower
- **Name:** LB HOLDINGS
- **Address:** 222 EAST 1ST ST, AKRON, CO, 80720-1504
- **NAICS:** 445110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Utilities:** $50K
- **Jobs reported:** 14
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*