# PPP loan: LSA MANAGEMENT INC
> **$854K** approved 05/26/2021 · Paid in Full · Loan `7625209000`
## Borrower
- **Name:** LSA MANAGEMENT INC
- **Address:** 1416 S Martin Luther King Jr Ave, Salisbury, NC, 28144-5592
- **NAICS:** 561110
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $854K
- **Initial approval:** $854K
- **Forgiven:** $862K (101%)
- **Forgiveness date:** 05/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $854K
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** Mechanics & Farmers Bank
- **Servicing:** Mechanics & Farmers Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*