# PPP loan: LANGE TRENCHING, INC.
> **$276K** approved 04/08/2020 · Paid in Full · Loan `7728587009`
## Borrower
- **Name:** LANGE TRENCHING, INC.
- **Address:** 110 Chinook Ave NW, AVON, MN, 56310-9517
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Rent:** $18K
- **Utilities:** $18K
- **Jobs reported:** 17
## Lender
- **Originating:** American Heritage National Bank
- **Servicing:** American Heritage National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*