# PPP loan: LAFAYETTE AMERICAN
> **$244K** approved 04/08/2020 · Paid in Full · Loan `8839147003`
## Borrower
- **Name:** LAFAYETTE AMERICAN
- **Address:** 4892 GRAND RIVER AVE, DETROIT, MI, 48208-2257
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $225K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 20
## Lender
- **Originating:** Credit Union One
- **Servicing:** Credit Union One (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*