# PPP loan: LAKE CONSTRUCTION & DEV CORP
> **$150K** approved 05/18/2020 · Paid in Full · Loan `8353057403`
## Borrower
- **Name:** LAKE CONSTRUCTION & DEV CORP
- **Address:** 150 KING ST, BROOKLYN, NY, 11231
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $150K
- **Initial approval:** $193K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $16K
- **Utilities:** $4K
- **Jobs reported:** 11
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*