# PPP loan: ITALIA & LEMP INC.
> **$159K** approved 01/20/2021 · Paid in Full · Loan `2247948307`
## Borrower
- **Name:** ITALIA & LEMP INC.
- **Address:** 15 Concord St, Glastonbury, CT, 06033-2135
- **NAICS:** 531320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 03/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $159K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** PeoplesBank
- **Servicing:** PeoplesBank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*