# PPP loan: L&M FLOORING LLC
> **$285K** approved 02/09/2021 · Paid in Full · Loan `5886508402`
## Borrower
- **Name:** L&M FLOORING LLC
- **Address:** 956 Turnpike St, Canton, MA, 02021-2877
- **NAICS:** 423220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (100%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*