# PPP loan: L & N INDUSTRIES, INC.
> **$329K** approved 04/27/2020 · Paid in Full · Loan `3924657201`
## Borrower
- **Name:** L & N INDUSTRIES, INC.
- **Address:** 14792 Ray Road, Rushville, IL, 62681
- **NAICS:** 331210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Rent:** $1
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** Better Banks
- **Servicing:** Better Banks (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*