PPP Loan information for Lago mar properties inc.

$2,000,000

Lago mar properties inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The The Northern Trust Company reported 142 jobs and $2,000,000 was used to fund payroll.

Lago mar properties inc. is Existing or more than 2 years old

LAGO MAR PROPERTIES INC.

Date Approved

03/12/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

LAGO MAR PROPERTIES INC.

Borrower Address

1700 S Ocean Ln

Borrower City

Fort Lauderdale

Borrower State

FL

Borrower Zip

33316-3705

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21037

Servicing Lender Name

The Northern Trust Company

Servicing Lender Address

50 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-1008

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Lauderdale

Project County Name

BROWARD

Project State

FL

Project Zip

33316-3705

CD

FL-23

Jobs Reported

142

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21037

Originating Lender

The Northern Trust Company

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016777.78

Forgiveness Date

01/13/2022

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