# PPP loan: LAKES AREA PIZZA, INC.
> **$341K** approved 04/09/2020 · Paid in Full · Loan `9737187008`
## Borrower
- **Name:** LAKES AREA PIZZA, INC.
- **Address:** 413 W Washington St, BRAINERD, MN, 56401-2925
- **NAICS:** 445299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $20K
- **Mortgage interest:** $8K
- **Utilities:** $17K
- **Jobs reported:** 115
## Lender
- **Originating:** American National Bank of Minnesota
- **Servicing:** American National Bank of Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*