# PPP loan: LOCK 7 DEVELOPMENT
> **$239K** approved 04/06/2020 · Paid in Full · Loan `5924917010`
## Borrower
- **Name:** LOCK 7 DEVELOPMENT
- **Address:** 1501  11TH ST, NW Suite 2, WASHINGTON, DC, 20001-3215
- **NAICS:** 237210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 12
## Lender
- **Originating:** Capital Bank, National Association
- **Servicing:** Capital Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*