# PPP loan: LIBERTY LASER SOLUTIONS, INC.
> **$425K** approved 04/04/2020 · Paid in Full · Loan `5030587008`
## Borrower
- **Name:** LIBERTY LASER SOLUTIONS, INC.
- **Address:** 375 COMMERCIAL ST, MARSEILLES, IL, 61341-1809
- **NAICS:** 325992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $428K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Utilities:** $5K
- **Jobs reported:** 49
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*