# PPP loan: LUSARDI ENTERPRISES
> **$445K** approved 04/03/2020 · Paid in Full · Loan `4446527000`
## Borrower
- **Name:** LUSARDI ENTERPRISES
- **Address:** 1665 S Stephenson Ave, IRON MOUNTAIN, MI, 49801-3635
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Rent:** $28K
- **Mortgage interest:** $40K
- **Utilities:** $20K
- **Jobs reported:** 123
## Lender
- **Originating:** First National Bank & Trust Co
- **Servicing:** First National Bank & Trust Co (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*