# PPP loan: L&M CORRUGATED CONTAINER CORPORATION
> **$1.26M** approved 04/05/2020 · Paid in Full · Loan `5440557002`
## Borrower
- **Name:** L&M CORRUGATED CONTAINER CORPORATION
- **Address:** 32 Insight Drive, PLATTEVILLE, WI, 53818-3828
- **NAICS:** 322211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $942K
- **Rent:** $79K
- **Mortgage interest:** $79K
- **Utilities:** $79K
- **Health care:** $79K
- **Jobs reported:** 96
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*