# PPP loan: LAKES PRINTING, INC. OF BRAINERD
> **$150K** approved 04/07/2020 · Paid in Full · Loan `7211657003`
## Borrower
- **Name:** LAKES PRINTING, INC. OF BRAINERD
- **Address:** 1223 Oak Street, BRAINERD, MN, 56401-3727
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Rent:** $4K
- **Utilities:** $4K
- **Health care:** $15K
- **Jobs reported:** 21
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*