# PPP loan: LARSTRAND CORP.
> **$975K** approved 04/15/2020 · Paid in Full · Loan `8088427100`
## Borrower
- **Name:** LARSTRAND CORP.
- **Address:** 500 Park Avenue, New York, NY, 10022
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $975K
- **Initial approval:** $975K
- **Forgiven:** $984K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $756K
- **Rent:** $110K
- **Health care:** $110K
- **Jobs reported:** 53
## 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*