# PPP loan: LAUTREC CORPORATION
> **$756K** approved 04/09/2020 · Paid in Full · Loan `9766697007`
## Borrower
- **Name:** LAUTREC CORPORATION
- **Address:** 5050 W Ashland Way, FRANKLIN, WI, 53132-8177
- **NAICS:** 423940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $756K
- **Initial approval:** $756K
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $756K
- **Jobs reported:** 86
## Lender
- **Originating:** WaterStone Bank, SSB
- **Servicing:** WaterStone Bank, SSB (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*