# PPP loan: LAKES AREA GRAPHIX & SIGNWORX INC.
> **$388K** approved 01/20/2021 · Paid in Full · Loan `2387148305`
## Borrower
- **Name:** LAKES AREA GRAPHIX & SIGNWORX INC.
- **Address:** 6981 Violet Dr SW, Farwell, MN, 56327-8164
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $387K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Glenwood State Bank Incorporated
- **Servicing:** Glenwood State Bank Incorporated (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*