# PPP loan: THE LAKE RESTAURANT INC
> **$477K** approved 04/09/2020 · Paid in Full · Loan `8899027004`
## Borrower
- **Name:** THE LAKE RESTAURANT INC
- **Address:** 1400 W LAKE ST, MINNEAPOLIS, MN, 55408-2640
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $477K
- **Initial approval:** $477K
- **Forgiven:** $482K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $447K
- **Utilities:** $30K
- **Jobs reported:** 110
## Lender
- **Originating:** Bridgewater Bank
- **Servicing:** Bridgewater Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*