# PPP loan: L&G CAPITAL CORP
> **$213K** approved 06/03/2020 · Paid in Full · Loan `7348207804`
## Borrower
- **Name:** L&G CAPITAL CORP
- **Address:** 278 Genesee Avenue, staten island, NY, 10312-2429
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Rent:** $27K
- **Utilities:** $27K
- **Jobs reported:** 30
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*