# PPP loan: C.M. LYNGLE & SON'S, INC.
> **$563K** approved 04/29/2020 · Paid in Full · Loan `2396827303`
## Borrower
- **Name:** C.M. LYNGLE & SON'S, INC.
- **Address:** 1743 West 6200 South, Salt Lake City, UT, 84129
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $84K
- **Utilities:** $28K
- **Jobs reported:** 55
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*