# PPP loan: LAPOINTE UTILITIES, INC.
> **$364K** approved 04/07/2020 · Paid in Full · Loan `7004587003`
## Borrower
- **Name:** LAPOINTE UTILITIES, INC.
- **Address:** 23710 Goodview Cir N PO BOX 636, FOREST LAKE, MN, 55025-8590
- **NAICS:** 541320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $364K
- **Initial approval:** $364K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $364K
- **Jobs reported:** 10
## Lender
- **Originating:** Northview Bank
- **Servicing:** Northview Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*