# PPP loan: LAKE ENGINEERING INC.
> **$549K** approved 03/12/2021 · Paid in Full · Loan `1167438607`
## Borrower
- **Name:** LAKE ENGINEERING INC.
- **Address:** 2085 Daniels St 2085 Daniels Street, Long Lake, MN, 55356-9444
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $554K (101%)
- **Forgiveness date:** 02/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $549K
- **Jobs reported:** 31
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*