# PPP loan: LAGE INDUSTRIES CORP
> **$257K** approved 04/27/2020 · Paid in Full · Loan `3723567202`
## Borrower
- **Name:** LAGE INDUSTRIES CORP
- **Address:** 1574 RICHARD AVE, MERRICK, NY, 11566
- **NAICS:** 327320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 21
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*