# PPP loan: LA LOCANDA, INC.
> **$233K** approved 04/28/2020 · Paid in Full · Loan `7433927203`
## Borrower
- **Name:** LA LOCANDA, INC.
- **Address:** 4989 West Chester Pike, EDGEMONT, PA, 19028
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $20K
- **Utilities:** $9K
- **Jobs reported:** 63
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*