# PPP loan: LACAY FABRICATION&MFG. INC
> **$575K** approved 04/09/2020 · Paid in Full · Loan `9487637008`
## Borrower
- **Name:** LACAY FABRICATION&MFG. INC
- **Address:** 2801 GLENVIEW DR, ELKHART, IN, 46514-8711
- **NAICS:** 332117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Rent:** $35K
- **Utilities:** $14K
- **Jobs reported:** 46
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*