# PPP loan: LEON TIMBO LLC
> **$260K** approved 05/26/2020 · Paid in Full · Loan `3187797806`
## Borrower
- **Name:** LEON TIMBO LLC
- **Address:** 7284 Madison Circle, Union City, GA, 30291-5160
- **NAICS:** 512230
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $271K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $33K
- **Utilities:** $33K
- **Jobs reported:** 16
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*