# PPP loan: LAMONT COMPANIES, INC
> **$495K** approved 04/09/2020 · Paid in Full · Loan `9874477008`
## Borrower
- **Name:** LAMONT COMPANIES, INC
- **Address:** 205 6TH AVE SE, Suite 300, ABERDEEN, SD, 57401-2850
- **NAICS:** 551114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Rent:** $50K
- **Utilities:** $50K
- **Jobs reported:** 42
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*