# PPP loan: L.H. BOLDUC CO. INC.
> **$356K** approved 04/08/2020 · Paid in Full · Loan `8547967000`
## Borrower
- **Name:** L.H. BOLDUC CO. INC.
- **Address:** 649 W Garfield Street PO Box 815, ANOKA, MN, 55303-0815
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Rent:** $71K
- **Utilities:** $18K
- **Jobs reported:** 44
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*