# PPP loan: LOBAR SITE DEVELOPMENT CORPORATION
> **$891K** approved 04/14/2020 · Exemption 4 · Loan `7881557105`
## Borrower
- **Name:** LOBAR SITE DEVELOPMENT CORPORATION
- **Address:** 4 Barlo Circle, Dillsburg, PA, 17019
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $891K
- **Initial approval:** $891K
- **Forgiven:** $717K (80%)
- **Forgiveness date:** 02/11/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $799K
- **Rent:** $12K
- **Utilities:** $2K
- **Health care:** $75K
- **Debt interest:** $3K
- **Jobs reported:** 47
## 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*