# PPP loan: LAGER'S LLC
> **$400K** approved 04/14/2020 · Exemption 4 · Loan `5863797104`
## Borrower
- **Name:** LAGER'S LLC
- **Address:** 320 PEACHTREE ST, ATLANTA, GA, 30308-3210
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $173K (43%)
- **Forgiveness date:** 11/16/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 49
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*