# PPP loan: GARAGE LANES L.L.C.
> **$150K** approved 02/08/2021 · Paid in Full · Loan `5163748400`
## Borrower
- **Name:** GARAGE LANES L.L.C.
- **Address:** 16 W 1st St, Waconia, MN, 55387-1410
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Security Bank and Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*