# PPP loan: LAL ACQUISITION, INC.
> **$717K** approved 04/05/2020 · Paid in Full · Loan `5566927001`
## Borrower
- **Name:** LAL ACQUISITION, INC.
- **Address:** 9501 S CENTER RD, MUNCIE, IN, 47302-9443
- **NAICS:** 333924
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $717K
- **Initial approval:** $717K
- **Forgiven:** $723K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $717K
- **Jobs reported:** 60
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*