# PPP loan: LOC CONSTRUCTION INC
> **$175K** approved 04/17/2021 · Paid in Full · Loan `4987748801`
## Borrower
- **Name:** LOC CONSTRUCTION INC
- **Address:** 2805 Badger Rd, Lakeland, FL, 33811-1370
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $172K (98%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*