# PPP loan: L.T. BEGNAL MOTOR CO INC
> **$604K** approved 04/27/2020 · Paid in Full · Loan `4085517208`
## Borrower
- **Name:** L.T. BEGNAL MOTOR CO INC
- **Address:** 129 Route 28, Kingston, NY, 12401
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $604K
- **Initial approval:** $604K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $604K
- **Jobs reported:** 56
## Lender
- **Originating:** Rondout Savings Bank
- **Servicing:** Rondout Savings Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*