# PPP loan: L2 AUTOMOTIVE INC.
> **$812K** approved 04/01/2021 · Paid in Full · Loan `4588848701`
## Borrower
- **Name:** L2 AUTOMOTIVE INC.
- **Address:** 291 Main St, New Rochelle, NY, 10801-5765
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $812K
- **Initial approval:** $812K
- **Forgiven:** $821K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $812K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*