# PPP loan: LYMAR INC
> **$431K** approved 01/23/2021 · Paid in Full · Loan `4932268301`
## Borrower
- **Name:** LYMAR INC
- **Address:** 16 S 6th St, Minneapolis, MN, 55402-1522
- **NAICS:** 722410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $431K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*