# PPP loan: LGC ASSOCIATES LLC
> **$1.60M** approved 04/05/2020 · Paid in Full · Loan `5205027007`
## Borrower
- **Name:** LGC ASSOCIATES LLC
- **Address:** 8200 Haverstick Rd Suite 102, INDIANAPOLIS, IN, 46240-2472
- **NAICS:** 561311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Rent:** $200K
- **Utilities:** $200K
- **Jobs reported:** 269
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*