# PPP loan: LG GROUP INC
> **$850K** approved 04/14/2020 · Paid in Full · Loan `5918627108`
## Borrower
- **Name:** LG GROUP INC
- **Address:** 300 RED BROOK BLVD ste 410, OWINGS MILLS, MD, 21117-5147
- **NAICS:** 313310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $850K
- **Forgiven:** $845K (99%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $850K
- **Jobs reported:** 458
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*