# PPP loan: THE LLOYD GROUP, INC.
> **$1.17M** approved 04/07/2020 · Paid in Full · Loan `7586587002`
## Borrower
- **Name:** THE LLOYD GROUP, INC.
- **Address:** 807 Dorsey Street, GAINESVILLE, GA, 30501-6619
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $881K
- **Mortgage interest:** $147K
- **Utilities:** $147K
- **Jobs reported:** 61
## Lender
- **Originating:** First Century Bank National Association
- **Servicing:** First Century Bank National Association (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*