# PPP loan: LPM SERVICES, INC
> **$374K** approved 04/07/2020 · Paid in Full · Loan `6466357004`
## Borrower
- **Name:** LPM SERVICES, INC
- **Address:** 1120 Scenic Dr, MODESTO, CA, 95350-6135
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Rent:** $40K
- **Utilities:** $4K
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*