# PPP loan: LOTHAMER DENTAL LABORATORY
> **$177K** approved 04/28/2020 · Paid in Full · Loan `7872107206`
## Borrower
- **Name:** LOTHAMER DENTAL LABORATORY
- **Address:** 66 N Saginaw Street, Lapeer, MI, 48446-2659
- **NAICS:** 339116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $35K
- **Health care:** $12K
- **Jobs reported:** 14
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*