# PPP loan: LC EQUIPMENT, INC
> **$304K** approved 04/12/2020 · Paid in Full · Loan `4035537107`
## Borrower
- **Name:** LC EQUIPMENT, INC
- **Address:** 394 Route 49, TUCKAHOE, NJ, 08250
- **NAICS:** 339950
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Jobs reported:** 18
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*