# PPP loan: LSM SYSTEMS ENGINEERING INC
> **$254K** approved 05/01/2020 · Paid in Full · Loan `6875107708`
## Borrower
- **Name:** LSM SYSTEMS ENGINEERING INC
- **Address:** 4670 HATCHERY RD, WATERFORD, MI, 48329-3633
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 20
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*