# PPP loan: KRUSE & MUER LAKE ORION INC
> **$233K** approved 04/30/2020 · Paid in Full · Loan `6236577310`
## Borrower
- **Name:** KRUSE & MUER LAKE ORION INC
- **Address:** 801 S LAPEER RD, LAKE ORION, MI, 48362-2925
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Jobs reported:** 39
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*