# PPP loan: LASERFORM & MACHINE, INC.
> **$777K** approved 04/05/2020 · Paid in Full · Loan `5330107006`
## Borrower
- **Name:** LASERFORM & MACHINE, INC.
- **Address:** 10010 Farrow Road, COLUMBIA, SC, 29203-9716
- **NAICS:** 332996
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $777K
- **Initial approval:** $777K
- **Forgiven:** $787K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Utilities:** $157K
- **Jobs reported:** 61
## Lender
- **Originating:** First Palmetto Bank
- **Servicing:** First Palmetto Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*