# PPP loan: LCTB FORT POINT, LLC
> **$876K** approved 04/08/2020 · Paid in Full · Loan `8665037004`
## Borrower
- **Name:** LCTB FORT POINT, LLC
- **Address:** 253 SUMMER ST, BOSTON, MA, 02110-1225
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $876K
- **Initial approval:** $879K
- **Forgiven:** $886K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $876K
- **Jobs reported:** 137
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*