# PPP loan: LAKEVIEW HOSPITALITY, LLC
> **$308K** approved 04/07/2020 · Exemption 4 · Loan `6638197001`
## Borrower
- **Name:** LAKEVIEW HOSPITALITY, LLC
- **Address:** 330 E Marion Ave, FORSYTH, IL, 62535-1111
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $252K (82%)
- **Forgiveness date:** 03/03/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $39K
- **Utilities:** $39K
- **Jobs reported:** 77
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*