# PPP loan: LORENCY & CO, LLC
> **$230K** approved 04/27/2020 · Paid in Full · Loan `5720797205`
## Borrower
- **Name:** LORENCY & CO, LLC
- **Address:** 1384 Broadway STE 801, NEW YORK, NY, 10018-6142
- **NAICS:** 424320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Health care:** $14K
- **Jobs reported:** 19
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*