# PPP loan: L.M. SHEET METAL, INC.
> **$689K** approved 04/15/2020 · Paid in Full · Loan `9416667107`
## Borrower
- **Name:** L.M. SHEET METAL, INC.
- **Address:** 6727 ELM AVENUE, LOVES PARK, IL, 61111-3817
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $689K
- **Forgiven:** $697K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Rent:** $60K
- **Utilities:** $9K
- **Jobs reported:** 23
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*