# PPP loan: LDM PLUMBING & MECHANICAL, INC.
> **$258K** approved 04/27/2020 · Paid in Full · Loan `5070147206`
## Borrower
- **Name:** LDM PLUMBING & MECHANICAL, INC.
- **Address:** 195 S BROADWAY ST STE 208, ORCUTT, CA, 93455-4626
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Rent:** $3K
- **Utilities:** $418
- **Jobs reported:** 25
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*