# PPP loan: L.C. DOANE COMPANY
> **$1.00M** approved 04/27/2020 · Paid in Full · Loan `3887137209`
## Borrower
- **Name:** L.C. DOANE COMPANY
- **Address:** 110 POND MEADOW RD, IVORYTON, CT, 06442-1121
- **NAICS:** 335999
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $905K
- **Rent:** $79K
- **Utilities:** $20K
- **Jobs reported:** 91
## Lender
- **Originating:** Essex Savings Bank
- **Servicing:** Essex Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*