# PPP loan: MM28607 INC
> **$326K** approved 04/14/2020 · Paid in Full · Loan `7086017108`
## Borrower
- **Name:** MM28607 INC
- **Address:** 3920 BETHEL RD, SUGAR GROVE, NC, 28679
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Rent:** $33K
- **Utilities:** $33K
- **Jobs reported:** 95
## Lender
- **Originating:** LifeStore Bank
- **Servicing:** LifeStore Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*