Lago Mar Properties Inc.

$2,000,000 PPP Loan in Fort Lauderdale, Florida

Loan Details

Loan Number
1115568609
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,016,778
Forgiveness Date
Jan 13, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lago Mar Properties Inc.
Address
1700 S Ocean Ln
State
Florida
ZIP Code
33316-3705
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$44.4M
Rural/Urban
Urban
Congressional District
FL-23

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
The Northern Trust Company
Originating Lender
The Northern Trust Company

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