# PPP loan: L&T FOOD DISTRIBUTOR INC
> **$294K** approved 05/01/2020 · Paid in Full · Loan `5574977702`
## Borrower
- **Name:** L&T FOOD DISTRIBUTOR INC
- **Address:** 7969 Twist Ln, Springfield, VA, 22153
- **NAICS:** 445230
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 38
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*