# PPP loan: LATD, INC.
> **$304K** approved 04/10/2020 · Paid in Full · Loan `2520077105`
## Borrower
- **Name:** LATD, INC.
- **Address:** 16 BROADWAY, BEVERLY, MA, 01915-4435
- **NAICS:** 541910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Utilities:** $76K
- **Jobs reported:** 18
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*