# PPP loan: LS PROMOTIONS INC
> **$1.10M** approved 04/27/2020 · Paid in Full · Loan `5283737210`
## Borrower
- **Name:** LS PROMOTIONS INC
- **Address:** 530 West John Street, Hicksville, NY, 11801
- **NAICS:** 311352
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $880K
- **Rent:** $110K
- **Utilities:** $110K
- **Jobs reported:** 137
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*