# PPP loan: BANKS LAW, LLC
> **$213K** approved 04/14/2020 · Paid in Full · Loan `7972977108`
## Borrower
- **Name:** BANKS LAW, LLC
- **Address:** Two Logan Square, 100 N 18th Street, Ste 1910, PHILADELPHIA, PA, 19103
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $30K
- **Jobs reported:** 14
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*