# PPP loan: LANGE TRENCHING INC.
> **$241K** approved 01/28/2021 · Paid in Full · Loan `7734528310`
## Borrower
- **Name:** LANGE TRENCHING INC.
- **Address:** 111 Dorado Ave NW, Avon, MN, 56310
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Utilities:** $1
- **Jobs reported:** 19
## 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*