# PPP loan: AKER OUTDOOR PRODUCTS, INC.
> **$348K** approved 04/06/2020 · Paid in Full · Loan `5854217005`
## Borrower
- **Name:** AKER OUTDOOR PRODUCTS, INC.
- **Address:** 3000 East Shore Dr, CULVER, IN, 46511-9464
- **NAICS:** 713930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $50K
- **Utilities:** $7K
- **Health care:** $22K
- **Jobs reported:** 65
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*