# PPP loan: LS MARINE INC.
> **$573K** approved 01/22/2021 · Paid in Full · Loan `3876208305`
## Borrower
- **Name:** LS MARINE INC.
- **Address:** 6010 Concord Blvd, Inver Grove Heights, MN, 55076-1806
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $573K
- **Initial approval:** $573K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $573K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** First Resource Bank
- **Servicing:** First Resource Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*