# PPP loan: B & M OFFICE INSTALLATIONS, INC.
> **$471K** approved 04/09/2020 · Paid in Full · Loan `9041237001`
## Borrower
- **Name:** B & M OFFICE INSTALLATIONS, INC.
- **Address:** 516 Broadway Building 8, LAWRENCE, MA, 01841-2446
- **NAICS:** 423420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $471K
- **Initial approval:** $471K
- **Forgiven:** $477K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $377K
- **Rent:** $35K
- **Mortgage interest:** $11K
- **Utilities:** $30K
- **Health care:** $19K
- **Jobs reported:** 54
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*