# PPP loan: LGS MANAGEMENT GROUP INC
> **$5.84M** approved 04/13/2020 · Paid in Full · Loan `5723927104`
## Borrower
- **Name:** LGS MANAGEMENT GROUP INC
- **Address:** 2901 S LYNNHAVEN RD, VIRGINIA BEACH, VA, 23452-6716
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $5.84M
- **Initial approval:** $5.84M
- **Forgiven:** $1.12M (19%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.84M
- **Jobs reported:** 461
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*