# PPP loan: LOCKWORKS LTD.
> **$225K** approved 04/14/2020 · Paid in Full · Loan `5931207105`
## Borrower
- **Name:** LOCKWORKS LTD.
- **Address:** 506 ELMWOOD DR, LANSING, MI, 48917
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Mortgage interest:** $2K
- **Utilities:** $5K
- **Health care:** $12K
- **Jobs reported:** 17
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*