# PPP loan: P&L TESTING LLC
> **$521K** approved 03/24/2021 · Exemption 4 · Loan `8461818606`
## Borrower
- **Name:** P&L TESTING LLC
- **Address:** 1080 Private Road 7703, Giddings, TX, 78942-5053
- **NAICS:** 541380
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $448K (86%)
- **Forgiveness date:** 02/16/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $521K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*