# PPP loan: LAGRASSO BROS. INCORPORATED
> **$779K** approved 01/20/2021 · Paid in Full · Loan `2288808307`
## Borrower
- **Name:** LAGRASSO BROS. INCORPORATED
- **Address:** 5001 Bellevue St, Detroit, MI, 48211-3209
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $779K
- **Initial approval:** $779K
- **Forgiven:** $782K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $779K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*