# PPP loan: L&K DISTRIBUTORS, INC
> **$333K** approved 05/14/2020 · Paid in Full · Loan `6455777409`
## Borrower
- **Name:** L&K DISTRIBUTORS, INC
- **Address:** 175 CENTRAL AVE S, BETHPAGE, NY, 11714
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $83K
- **Jobs reported:** 87
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*