# PPP loan: LIBERTY SOLUTIONS, INC.
> **$1.17M** approved 04/15/2020 · Exemption 4 · Loan `9552207103`
## Borrower
- **Name:** LIBERTY SOLUTIONS, INC.
- **Address:** 3763 Abbott Road, Orchard Park, NY, 14127
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $698K (60%)
- **Forgiveness date:** 12/15/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.13M
- **Rent:** $7K
- **Utilities:** $3K
- **Health care:** $27K
- **Debt interest:** $2K
- **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*