# PPP loan: LRM INC.
> **$180K** approved 03/24/2021 · Paid in Full · Loan `7762508606`
## Borrower
- **Name:** LRM INC.
- **Address:** 23 Commerce Rd, Newtown, CT, 06470-1607
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Liberty Bank
- **Servicing:** Liberty Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*