# PPP loan: LOBRO ASSOCIATES LP
> **$2.00M** approved 03/29/2021 · Exemption 4 · Loan `2561918710`
## Borrower
- **Name:** LOBRO ASSOCIATES LP
- **Address:** 615 Chestnut St, Philadelphia, PA, 19106-4404
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.83M (91%)
- **Forgiveness date:** 11/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 212
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*