# PPP loan: LAKESIDE TAVERN OF DETROIT LAKES INC.
> **$175K** approved 04/29/2021 · Paid in Full · Loan `5043188905`
## Borrower
- **Name:** LAKESIDE TAVERN OF DETROIT LAKES INC.
- **Address:** 200 W Lake Dr, Detroit Lakes, MN, 56501-3917
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (100%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 72
## Lender
- **Originating:** Midwest Bank
- **Servicing:** Midwest Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*