# PPP loan: LUMSDEN & MCCORMICK, LLP
> **$1.40M** approved 04/14/2020 · Paid in Full · Loan `7881677106`
## Borrower
- **Name:** LUMSDEN & MCCORMICK, LLP
- **Address:** 369 Franklin Street, Buffalo, NY, 14202
- **NAICS:** 541211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $98K
- **Utilities:** $15K
- **Health care:** $51K
- **Jobs reported:** 110
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*