# PPP loan: BACKSTREET MEDIA, INC.
> **$157K** approved 04/27/2020 · Paid in Full · Loan `4618677203`
## Borrower
- **Name:** BACKSTREET MEDIA, INC.
- **Address:** 1324 Atlantic Ave, BENSON, MN, 56215-1244
- **NAICS:** 711510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $118K
- **Utilities:** $39K
- **Jobs reported:** 16
## Lender
- **Originating:** Lake Central Bank
- **Servicing:** Lake Central Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*