# PPP loan: LELY DEVELOPMENT CORPORATION
> **$271K** approved 05/18/2021 · Paid in Full · Loan `3290379004`
## Borrower
- **Name:** LELY DEVELOPMENT CORPORATION
- **Address:** 7995 Mahogany Run Ln, Naples, FL, 34113-1625
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $140K (52%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $271K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*