# PPP loan: LB3 LLC
> **$197K** approved 01/31/2021 · Paid in Full · Loan `9977958303`
## Borrower
- **Name:** LB3 LLC
- **Address:** 63 County Road 206, Wedowee, AL, 36278-3630
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*