# PPP loan: LENCRED INC
> **$269K** approved 01/19/2021 · Paid in Full · Loan `1758398305`
## Borrower
- **Name:** LENCRED INC
- **Address:** 1007 Beau Terre Dr Ste 403, Bentonville, AR, 72712-6798
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 04/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $269K
- **Jobs reported:** 21
## Lender
- **Originating:** Carter FCU
- **Servicing:** Carter FCU (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*