# PPP loan: LASERMARX, INC
> **$519K** approved 04/07/2020 · Paid in Full · Loan `6993787006`
## Borrower
- **Name:** LASERMARX, INC
- **Address:** 301 E PROGRESS LN, MADISON HEIGHTS, VA, 24572-3771
- **NAICS:** 339920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $526K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Rent:** $67K
- **Utilities:** $37K
- **Jobs reported:** 48
## Lender
- **Originating:** The First Bank and Trust Company
- **Servicing:** The First Bank and Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*