# PPP loan: LAKE EQUIPMENT LEASING, INC
> **$161K** approved 04/09/2020 · Exemption 4 · Loan `1093307102`
## Borrower
- **Name:** LAKE EQUIPMENT LEASING, INC
- **Address:** 64 Main Street, 2nd Floor, MILLBURN, NJ, 07041
- **NAICS:** 522220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Status:** Exemption 4
- **Term:** 2 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 9
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*