# PPP loan: LA GRANGE CRANE SERVICE INC.
> **$1.41M** approved 04/14/2020 · Paid in Full · Loan `7000597107`
## Borrower
- **Name:** LA GRANGE CRANE SERVICE INC.
- **Address:** 3180 River Road, LA GRANGE, IL, 60525
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Jobs reported:** 48
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*