# PPP loan: LRS FEDERAL LLC
> **$838K** approved 04/15/2020 · Paid in Full · Loan `8122277108`
## Borrower
- **Name:** LRS FEDERAL LLC
- **Address:** 565 Benfield Boulevard Suite 400, Severna Park, MD, 21146
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $838K
- **Initial approval:** $838K
- **Forgiven:** $845K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $32K
- **Utilities:** $6K
- **Jobs reported:** 54
## 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*