# PPP loan: LLOYD PRODUCTS , INC
> **$642K** approved 04/07/2020 · Paid in Full · Loan `6581937007`
## Borrower
- **Name:** LLOYD PRODUCTS , INC
- **Address:** 1503 Hertel Ave, Buffalo, NY, 14216-2837
- **NAICS:** 722330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $642K
- **Initial approval:** $642K
- **Forgiven:** $650K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $481K
- **Rent:** $80K
- **Utilities:** $80K
- **Jobs reported:** 50
## Lender
- **Originating:** Evans Bank, National Association
- **Servicing:** Evans Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*