# PPP loan: LAIPPLE MASONRY INC
> **$267K** approved 04/13/2020 · Exemption 4 · Loan `5515587104`
## Borrower
- **Name:** LAIPPLE MASONRY INC
- **Address:** 1947 Victoria Dr, PRESCOTT, AZ, 86305-5261
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $137K (51%)
- **Forgiveness date:** 04/08/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 20
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*