# PPP loan: LAUREL ACADEMY EARLY LEARNING CENTER
> **$174K** approved 04/06/2020 · Paid in Full · Loan `5798087008`
## Borrower
- **Name:** LAUREL ACADEMY EARLY LEARNING CENTER
- **Address:** 6558 LAKETOWNE PL, ALBERTVILLE, MN, 55301-6500
- **NAICS:** 624410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 25
## Lender
- **Originating:** The Bank of Elk River
- **Servicing:** The Bank of Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*