# PPP loan: LAKE REGION MEDICAL GROUP P.A.
> **$2.44M** approved 04/10/2020 · Paid in Full · Loan `2459107101`
## Borrower
- **Name:** LAKE REGION MEDICAL GROUP P.A.
- **Address:** 111 W Vernon Ave, FERGUS FALLS, MN, 56537-2718
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.44M
- **Initial approval:** $2.44M
- **Forgiven:** $2.48M (102%)
- **Forgiveness date:** 01/10/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.44M
- **Jobs reported:** 98
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*