# PPP loan: LOCK 7 DEVELOPMENT LLC
> **$225K** approved 02/12/2021 · Paid in Full · Loan `7673058404`
## Borrower
- **Name:** LOCK 7 DEVELOPMENT LLC
- **Address:** 5 E Melrose St, Chevy Chase, MD, 20815-4203
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 12
## Lender
- **Originating:** Capital Bank, National Association
- **Servicing:** Capital Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*