# PPP loan: OLE AND LENA'S GARAGE DOOR SERVICE LLC
> **$235K** approved 01/31/2021 · Exemption 4 · Loan `9970718309`
## Borrower
- **Name:** OLE AND LENA'S GARAGE DOOR SERVICE LLC
- **Address:** 10436 5th Avenue Cir, Minneapolis, MN, 55420-5413
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $198K (84%)
- **Forgiveness date:** 12/22/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $235K
- **Jobs reported:** 15
## Lender
- **Originating:** MY CU
- **Servicing:** MY CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*