# PPP loan: LSI BUSINESS DEVELOPMENT, INC.
> **$515K** approved 04/07/2020 · Paid in Full · Loan `6843567004`
## Borrower
- **Name:** LSI BUSINESS DEVELOPMENT, INC.
- **Address:** 1530 N Layton Hills Pkwy Suite 201, LAYTON, UT, 84041
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $520K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $386K
- **Mortgage interest:** $64K
- **Utilities:** $64K
- **Jobs reported:** 38
## Lender
- **Originating:** D. L. Evans Bank
- **Servicing:** D. L. Evans Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*