# PPP loan: LOIS KAY CONTRACTING CO.
> **$982K** approved 04/03/2020 · Paid in Full · Loan `4364857001`
## Borrower
- **Name:** LOIS KAY CONTRACTING CO.
- **Address:** 3046 Carrollton Rd, SAGINAW, MI, 48604-2305
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $982K
- **Initial approval:** $982K
- **Forgiven:** $994K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $911K
- **Rent:** $16K
- **Utilities:** $12K
- **Health care:** $41K
- **Debt interest:** $1K
- **Jobs reported:** 63
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*