# PPP loan: LORENZO ENTERPRISES CORP
> **$1.04M** approved 04/27/2020 · Paid in Full · Loan `3866067202`
## Borrower
- **Name:** LORENZO ENTERPRISES CORP
- **Address:** 30725 S. Federal Highway, HOMESTEAD, FL, 33030-5010
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 105
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*