# PPP loan: SARATOGA LNC LLC
> **$488K** approved 04/15/2020 · Paid in Full · Loan `1295807206`
## Borrower
- **Name:** SARATOGA LNC LLC
- **Address:** 2906 U.S. 9, Ballston Spa, NY, 12020
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Rent:** $80K
- **Utilities:** $8K
- **Health care:** $5K
- **Debt interest:** $34K
- **Jobs reported:** 46
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*