# PPP loan: L SQUARED, LLC
> **$394K** approved 04/07/2020 · Paid in Full · Loan `7491177005`
## Borrower
- **Name:** L SQUARED, LLC
- **Address:** 3301 Brainerd Rd, CHATTANOOGA, TN, 37411-3504
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $363K
- **Rent:** $21K
- **Utilities:** $10K
- **Jobs reported:** 24
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*