# PPP loan: LKL GYMNASTICS INC.
> **$203K** approved 04/15/2020 · Paid in Full · Loan `1725027209`
## Borrower
- **Name:** LKL GYMNASTICS INC.
- **Address:** 5870 North Hix Rd, westland, MI, 48185
- **NAICS:** 611620
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 47
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*