# PPP loan: LAGADA INCORPORATED
> **$221K** approved 02/04/2021 · Paid in Full · Loan `3062048404`
## Borrower
- **Name:** LAGADA INCORPORATED
- **Address:** 7340 Indianapolis Blvd, Hammond, IN, 46324-2908
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** American Community Bank of Indiana
- **Servicing:** American Community Bank of Indiana (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*