# PPP loan: HOUGH, INC. OF DETROIT LAKES
> **$574K** approved 04/03/2020 · Paid in Full · Loan `4561187000`
## Borrower
- **Name:** HOUGH, INC. OF DETROIT LAKES
- **Address:** PO BOX 2, DETROIT LAKES, MN, 56502-0002
- **NAICS:** 212321
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $574K
- **Jobs reported:** 47
## Lender
- **Originating:** Midwest Bank
- **Servicing:** Midwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*