# PPP loan: LOCKMASTERS TECHNOLOGIES INC.
> **$216K** approved 04/03/2020 · Paid in Full · Loan `4417247000`
## Borrower
- **Name:** LOCKMASTERS TECHNOLOGIES INC.
- **Address:** 1014 South Main Street, NICHOLASVILLE, KY, 40356-2154
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $30K
- **Utilities:** $12K
- **Jobs reported:** 15
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*