# PPP loan: LAKE BUSINESS PRODUCTS, INC.
> **$1.25M** approved 04/11/2020 · Paid in Full · Loan `3100677106`
## Borrower
- **Name:** LAKE BUSINESS PRODUCTS, INC.
- **Address:** 37200 Research Drive, EASTLAKE, OH, 44095-1869
- **NAICS:** 423420
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 127
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*