# PPP loan: LR DYNAMICS INC.
> **$697K** approved 01/20/2021 · Paid in Full · Loan `1885828306`
## Borrower
- **Name:** LR DYNAMICS INC.
- **Address:** 204 W 1700 S, Salt Lake City, UT, 84115-5236
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $700K (100%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $697K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*