# PPP loan: L F POWERS CO INC
> **$530K** approved 04/10/2020 · Paid in Full · Loan `1339067103`
## Borrower
- **Name:** L F POWERS CO INC
- **Address:** 200 EXECUTIVE BLVD, SOUTHINGTON, CT, 06489-1042
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Forgiven:** $537K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Jobs reported:** 25
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*