# PPP loan: LOCKHART MORRIS & MONTGOMERY INC
> **$296K** approved 04/09/2020 · Paid in Full · Loan `9688677005`
## Borrower
- **Name:** LOCKHART MORRIS & MONTGOMERY INC
- **Address:** 1401 N CENTRAL EXPY, RICHARDSON, TX, 75080-4409
- **NAICS:** 561440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 22
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*