# PPP loan: L AND B ASSOCIATES LLC
> **$176K** approved 04/05/2021 · Paid in Full · Loan `6818788702`
## Borrower
- **Name:** L AND B ASSOCIATES LLC
- **Address:** 151 Swinburne Row, Newport, RI, 02840-6609
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Centreville Bank
- **Servicing:** Centreville Bank (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*