# PPP loan: LAAKE ENTERPRISES, INC.
> **$723K** approved 04/13/2020 · Paid in Full · Loan `5111067105`
## Borrower
- **Name:** LAAKE ENTERPRISES, INC.
- **Address:** 7010 TROY HILL DR, ELKRIDGE, MD, 21075-7040
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $723K
- **Initial approval:** $723K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $723K
- **Jobs reported:** 53
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*