# PPP loan: 5 L ENTERPRISES INC
> **$177K** approved 04/14/2020 · Paid in Full · Loan `6585107100`
## Borrower
- **Name:** 5 L ENTERPRISES INC
- **Address:** 41 Howells Road, Middletown, NY, 10940
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Rent:** $4K
- **Utilities:** $1K
- **Health care:** $6K
- **Debt interest:** $2K
- **Jobs reported:** 14
## 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) · MORVS · CC0 1.0*