# PPP loan: LR GLEN COVE LLC
> **$1.59M** approved 04/06/2020 · Paid in Full · Loan `5659077005`
## Borrower
- **Name:** LR GLEN COVE LLC
- **Address:** 70 Cedar Swamp Rd, GLEN COVE, NY, 11542-3723
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Utilities:** $398K
- **Jobs reported:** 83
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*