# PPP loan: MICHAEL LESSARD INC
> **$206K** approved 04/11/2020 · Paid in Full · Loan `2902577108`
## Borrower
- **Name:** MICHAEL LESSARD INC
- **Address:** 2157 NE Jacksonville Rd, OCALA, FL, 34470-3501
- **NAICS:** 483211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Debt interest:** $14K
- **Jobs reported:** 24
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*