# PPP loan: L R RESOURCES, INC
> **$296K** approved 04/11/2020 · Paid in Full · Loan `3035217100`
## Borrower
- **Name:** L R RESOURCES, INC
- **Address:** 3432 S Dug Gap Road, Dalton, GA, 30720-4927
- **NAICS:** 423220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 20
## Lender
- **Originating:** FirstBank
- **Servicing:** FirstBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*