# PPP loan: LAKE SHORE INN NURSING HOME INC.
> **$428K** approved 01/26/2021 · Paid in Full · Loan `5990518307`
## Borrower
- **Name:** LAKE SHORE INN NURSING HOME INC.
- **Address:** 108 8th St NW, Waseca, MN, 56093-1912
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $430K (100%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $428K
- **Utilities:** $1
- **Jobs reported:** 82
## Lender
- **Originating:** Profinium, Inc.
- **Servicing:** Profinium, Inc. (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*