# PPP loan: LAGO INC
> **$250K** approved 04/29/2020 · Paid in Full · Loan `3627287310`
## Borrower
- **Name:** LAGO INC
- **Address:** 345  1ST ST, LAKE OSWEGO, OR, 97034-3265
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $174K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 42
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*