# PPP loan: LAKAY CONSTRUCTIONS LLC
> **$229K** approved 05/07/2021 · Charged Off · Loan `7322278910`
## Borrower
- **Name:** LAKAY CONSTRUCTIONS LLC
- **Address:** 225 N Wood Ave Ste 6, Linden, NJ, 07036-4200
- **NAICS:** 236116
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $229K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** American Lending Center
- **Servicing:** American Lending Center (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*