# PPP loan: LYRIC FOUNDATION INC.
> **$172K** approved 04/16/2020 · Paid in Full · Loan `3068627210`
## Borrower
- **Name:** LYRIC FOUNDATION INC.
- **Address:** 110 West Mount Royal Ave, Baltimore, MD, 21201
- **NAICS:** 611610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Utilities:** $43K
- **Jobs reported:** 12
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*