# PPP loan: EDELMAN-LYON COMPANY
> **$400K** approved 04/11/2020 · Paid in Full · Loan `2782387104`
## Borrower
- **Name:** EDELMAN-LYON COMPANY
- **Address:** 325 W 80th, KANSAS CITY, MO, 64114-2314
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $14K
- **Utilities:** $6K
- **Jobs reported:** 32
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*