# PPP loan: LMI 650 LLC
> **$307K** approved 01/20/2021 · Paid in Full · Loan `2033928306`
## Borrower
- **Name:** LMI 650 LLC
- **Address:** 605 Edmonds Way, Edmonds, WA, 98020
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $307K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*