# PPP loan: LC MANAGEMENT OF DELAWARE, INC
> **$741K** approved 04/14/2020 · Paid in Full · Loan `7734137108`
## Borrower
- **Name:** LC MANAGEMENT OF DELAWARE, INC
- **Address:** 105 Foulk Road, Wilmington, DE, 19803
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $741K
- **Initial approval:** $741K
- **Forgiven:** $751K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Mortgage interest:** $149K
- **Health care:** $62K
- **Jobs reported:** 48
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*