# PPP loan: LC AMERICA INC.
> **$268K** approved 04/28/2020 · Paid in Full · Loan `1666077310`
## Borrower
- **Name:** LC AMERICA INC.
- **Address:** 8221 Tyner Road, Colfax, NC, 27235
- **NAICS:** 424450
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 41
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*