# PPP loan: ARBOR LAKES RESTAURANT GROUP, INC
> **$673K** approved 04/03/2020 · Paid in Full · Loan `4422307010`
## Borrower
- **Name:** ARBOR LAKES RESTAURANT GROUP, INC
- **Address:** 12635 ELM CREEK BLVD, MAPLE GROVE, MN, 55369-7046
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $673K
- **Initial approval:** $673K
- **Forgiven:** $678K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $587K
- **Rent:** $66K
- **Utilities:** $20K
- **Jobs reported:** 104
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*