# PPP loan: LS QUILTING, INC.
> **$150K** approved 04/30/2020 · Paid in Full · Loan `5405667310`
## Borrower
- **Name:** LS QUILTING, INC.
- **Address:** PR 161 Km. 10.7 Toa Alta Ind. Park, TOA ALTA, PR, 00953
- **NAICS:** 314120
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Utilities:** $20K
- **Health care:** $6K
- **Jobs reported:** 45
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*