# PPP loan: LR ACQUISITIONS, INC.
> **$1.04M** approved 04/27/2020 · Paid in Full · Loan `4705557200`
## Borrower
- **Name:** LR ACQUISITIONS, INC.
- **Address:** 878 W. Illini, Phoenix, AZ, 85041
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 95
## Lender
- **Originating:** Desert Financial CU
- **Servicing:** Desert Financial CU (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*