# PPP loan: LBMB, INC.
> **$1.57M** approved 04/09/2020 · Paid in Full · Loan `9302437001`
## Borrower
- **Name:** LBMB, INC.
- **Address:** 801 South Acacia Ave. 0.0, Fullerton, CA, 92831-5305
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Rent:** $141K
- **Utilities:** $48K
- **Health care:** $170K
- **Jobs reported:** 132
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*