# PPP loan: LAZ II, INC
> **$560K** approved 04/10/2020 · Paid in Full · Loan `2569477108`
## Borrower
- **Name:** LAZ II, INC
- **Address:** 66 W BRIARBROOK DR, MACOMB, IL, 61455-9745
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $560K
- **Initial approval:** $560K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $560K
- **Jobs reported:** 159
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*