# PPP loan: LAUREL MACHINE & FOUNDRY
> **$1.21M** approved 04/03/2020 · Paid in Full · Loan `4505837000`
## Borrower
- **Name:** LAUREL MACHINE & FOUNDRY
- **Address:** 810 FRONT ST, LAUREL, MS, 39440-3548
- **NAICS:** 331511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 03/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 124
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*