# PPP loan: L & G CONSULTING ENGINEERS INC.
> **$1.05M** approved 04/04/2020 · Paid in Full · Loan `4648527009`
## Borrower
- **Name:** L & G CONSULTING ENGINEERS INC.
- **Address:** 2100 W. Expressway 83, MERCEDES, TX, 78570-9764
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Utilities:** $26K
- **Debt interest:** $25K
- **Jobs reported:** 72
## Lender
- **Originating:** Texas National Bank
- **Servicing:** Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*