# PPP loan: LAXMI CORP
> **$180K** approved 04/13/2020 · Paid in Full · Loan `5580087103`
## Borrower
- **Name:** LAXMI CORP
- **Address:** 2265 s. hwy 395, HERMISTON, OR, 97838
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $7K
- **Jobs reported:** 36
## Lender
- **Originating:** PCB Bank
- **Servicing:** PCB Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*