# PPP loan: L.I.C BUILDERS LTD.
> **$525K** approved 05/01/2020 · Paid in Full · Loan `1291907705`
## Borrower
- **Name:** L.I.C BUILDERS LTD.
- **Address:** 347 5TH AVE RM 803A, NEW YORK, NY, 10016
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Jobs reported:** 23
## 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*