# PPP loan: LALO'S SERVICES
> **$723K** approved 04/28/2020 · Paid in Full · Loan `9675807204`
## Borrower
- **Name:** LALO'S SERVICES
- **Address:** 425 OSER AVE, HAUPPAUGE, NY, 11788-3676
- **NAICS:** 488510
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $723K
- **Initial approval:** $723K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $578K
- **Rent:** $145K
- **Jobs reported:** 70
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*