# PPP loan: OAK TERRACE SENIOR HOUSING OF LESUEUR, LLC
> **$261K** approved 04/03/2020 · Paid in Full · Loan `4556827008`
## Borrower
- **Name:** OAK TERRACE SENIOR HOUSING OF LESUEUR, LLC
- **Address:** 811 South 4th Street, LE SUEUR, MN, 56058-2302
- **NAICS:** 623311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Mortgage interest:** $20K
- **Utilities:** $15K
- **Health care:** $17K
- **Jobs reported:** 33
## 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*