# PPP loan: LAKE AREA ELECTRICAL & TECHNICAL SERVICES, L.L.C.
> **$648K** approved 04/06/2020 · Paid in Full · Loan `6330287008`
## Borrower
- **Name:** LAKE AREA ELECTRICAL & TECHNICAL SERVICES, L.L.C.
- **Address:** 275 Bruce Circle, LAKE CHARLES, LA, 70611-5616
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $648K
- **Initial approval:** $658K
- **Forgiven:** $657K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 42
## Lender
- **Originating:** Lakeside Bank
- **Servicing:** Lakeside Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*