# PPP loan: L & R ENTERPRISES INC.
> **$208K** approved 02/06/2021 · Paid in Full · Loan `4250868405`
## Borrower
- **Name:** L & R ENTERPRISES INC.
- **Address:** 5011 Lawrence Pl, Hyattsville, MD, 20781-1026
- **NAICS:** 238330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $208K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*