# PPP loan: LA INSURANCE AGENCY FRANCHISING LLC
> **$617K** approved 04/13/2020 · Paid in Full · Loan `4304707109`
## Borrower
- **Name:** LA INSURANCE AGENCY FRANCHISING LLC
- **Address:** 812 S. Main St.  Ste 200, ROYAL OAK, MI, 48067-3201
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $220K (36%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $617K
- **Jobs reported:** 74
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*