# PPP loan: LUTZEN CONSTRUCTION INC
> **$159K** approved 04/16/2020 · Paid in Full · Loan `2984367205`
## Borrower
- **Name:** LUTZEN CONSTRUCTION INC
- **Address:** 10894 DORCHESTER ROAD, SUMMERVILLE, SC, 29485
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 42
## Lender
- **Originating:** South Carolina FCU
- **Servicing:** South Carolina FCU (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*