# PPP loan: LAKES DISPOSAL SERVICES INC.
> **$161K** approved 04/05/2020 · Paid in Full · Loan `5502867008`
## Borrower
- **Name:** LAKES DISPOSAL SERVICES INC.
- **Address:** 31006 N IL ROUTE 83, GRAYSLAKE, IL, 60030-9769
- **NAICS:** 562119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $20K
- **Utilities:** $20K
- **Jobs reported:** 14
## Lender
- **Originating:** State Bank of the Lakes, National Association
- **Servicing:** State Bank of the Lakes, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*