# PPP loan: LCM ENTERPRISES INC
> **$209K** approved 05/01/2020 · Exemption 4 · Loan `2408617700`
## Borrower
- **Name:** LCM ENTERPRISES INC
- **Address:** 12330 SW 53RD ST STE 710, COOPER CITY, FL, 33330
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $197K (94%)
- **Forgiveness date:** 12/07/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $57K
- **Utilities:** $2K
- **Jobs reported:** 28
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*