# PPP loan: GREAT LAKES COMMUNICATION CORP
> **$309K** approved 04/05/2020 · Paid in Full · Loan `5324357004`
## Borrower
- **Name:** GREAT LAKES COMMUNICATION CORP
- **Address:** 1501 35th Ave W, SPENCER, IA, 51301-2503
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Utilities:** $31K
- **Jobs reported:** 21
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*