# PPP loan: LLOYD MANAGEMENT COMPANY
> **$1.05M** approved 04/03/2020 · Paid in Full · Loan `4507787002`
## Borrower
- **Name:** LLOYD MANAGEMENT COMPANY
- **Address:** 135 W Lind St, MANKATO, MN, 56001-0400
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $837K
- **Rent:** $20K
- **Mortgage interest:** $20K
- **Utilities:** $50K
- **Health care:** $98K
- **Debt interest:** $20K
- **Jobs reported:** 162
## Lender
- **Originating:** ProGrowth Bank
- **Servicing:** ProGrowth Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*