# PPP loan: LPI MEMPHIS INC.
> **$418K** approved 01/31/2021 · Paid in Full · Loan `9562868309`
## Borrower
- **Name:** LPI MEMPHIS INC.
- **Address:** 5264, MEMPHIS, TN, 38119
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $420K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $418K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*