# PPP loan: LAKE PLACID VACATION CORPORATION
> **$1.41M** approved 01/16/2021 · Paid in Full · Loan `1217568305`
## Borrower
- **Name:** LAKE PLACID VACATION CORPORATION
- **Address:** 101 Olympic Dr, Lake Placid, NY, 12946-1407
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.42M (100%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.41M
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Adirondack Regional FCU
- **Servicing:** Adirondack Regional FCU (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*