# PPP loan: LBM INC.
> **$234K** approved 02/13/2021 · Paid in Full · Loan `8625148407`
## Borrower
- **Name:** LBM INC.
- **Address:** 1106 S Clinton Ave, Dunn, NC, 28334-6315
- **NAICS:** 561210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 21
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*