# PPP loan: LCM-NEWS, INC
> **$227K** approved 04/14/2020 · Paid in Full · Loan `5801547104`
## Borrower
- **Name:** LCM-NEWS, INC
- **Address:** 800 FOOTHILL BLVD, LA CANADA FLINTRIDGE, CA, 91011-3336
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 26
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*