# PPP loan: LIPPE FEDERAL LLC
> **$756K** approved 04/04/2020 · Paid in Full · Loan `4705857000`
## Borrower
- **Name:** LIPPE FEDERAL LLC
- **Address:** 120 e main st, OKLAHOMA CITY, OK, 73104-2408
- **NAICS:** 423440
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $756K
- **Initial approval:** $756K
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $567K
- **Rent:** $50K
- **Utilities:** $29K
- **Health care:** $38K
- **Debt interest:** $72K
- **Jobs reported:** 33
## Lender
- **Originating:** BancFirst
- **Servicing:** BancFirst (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*