# PPP loan: LAPEER INDUSTRIAL, INC
> **$899K** approved 04/09/2020 · Paid in Full · Loan `9616047005`
## Borrower
- **Name:** LAPEER INDUSTRIAL, INC
- **Address:** 155 REMOUNT, SAN ANTONIO, TX, 78218-3728
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $899K
- **Initial approval:** $899K
- **Forgiven:** $904K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $899K
- **Jobs reported:** 87
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*