# PPP loan: LAUT'S INC.
> **$798K** approved 04/04/2020 · Paid in Full · Loan `4601777006`
## Borrower
- **Name:** LAUT'S INC.
- **Address:** 13084 Ball Road, MOUNT VERNON, WA, 98273-8201
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $798K
- **Initial approval:** $712K
- **Forgiven:** $806K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $798K
- **Jobs reported:** 66
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*