# PPP loan: L & M ASSOCIATES INC
> **$247K** approved 04/10/2020 · Paid in Full · Loan `2236737105`
## Borrower
- **Name:** L & M ASSOCIATES INC
- **Address:** 830 HIGHWAY 201, MOUNTAIN HOME, AR, 72653-2416
- **NAICS:** 541211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 12
## Lender
- **Originating:** First Security Bank
- **Servicing:** First Security Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*