# PPP loan: LUMAX INDUSTRIES, INC.
> **$434K** approved 04/10/2020 · Paid in Full · Loan `2109627104`
## Borrower
- **Name:** LUMAX INDUSTRIES, INC.
- **Address:** P O Box 991, ALTOONA, PA, 16603-0991
- **NAICS:** 335122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Utilities:** $34K
- **Jobs reported:** 43
## Lender
- **Originating:** Reliance Savings Bank
- **Servicing:** Reliance Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*