# PPP loan: LAUDERBACH BUILDERS SUPPLY, INC.
> **$451K** approved 04/12/2020 · Paid in Full · Loan `3681597103`
## Borrower
- **Name:** LAUDERBACH BUILDERS SUPPLY, INC.
- **Address:** 1421 N 15TH AVE, TUCSON, AZ, 85705
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Rent:** $105K
- **Utilities:** $9K
- **Health care:** $17K
- **Jobs reported:** 50
## 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*