# PPP loan: LAWN LOGIC INC
> **$401K** approved 04/08/2020 · Paid in Full · Loan `8748047002`
## Borrower
- **Name:** LAWN LOGIC INC
- **Address:** 06247 US HIGHWAY 31, CHARLEVOIX, MI, 49720-8916
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $401K
- **Initial approval:** $401K
- **Forgiven:** $406K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Rent:** $9K
- **Utilities:** $3K
- **Health care:** $9K
- **Debt interest:** $24K
- **Jobs reported:** 39
## Lender
- **Originating:** Charlevoix State Bank
- **Servicing:** Charlevoix State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*