# PPP loan: L & M SLAUGHTER PROPERTIES, LLC
> **$175K** approved 04/14/2020 · Charged Off · Loan `7015097102`
## Borrower
- **Name:** L & M SLAUGHTER PROPERTIES, LLC
- **Address:** 3400 BLUFFS LN, ALLEN, TX, 75002-6545
- **NAICS:** 531311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $131K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 2
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*