# PPP loan: LAVALLEY INDUSTRIES, LLC
> **$394K** approved 04/03/2020 · Paid in Full · Loan `4389457006`
## Borrower
- **Name:** LAVALLEY INDUSTRIES, LLC
- **Address:** 1876 23rd Street SE, BEMIDJI, MN, 56601-9012
- **NAICS:** 333132
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $374K
- **Rent:** $20K
- **Jobs reported:** 30
## Lender
- **Originating:** Midwest Bank
- **Servicing:** Midwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*