# PPP loan: SAILS RESTAURANTS LLC
> **$295K** approved 04/27/2020 · Paid in Full · Loan `4484147201`
## Borrower
- **Name:** SAILS RESTAURANTS LLC
- **Address:** 301  5TH AVE S, NAPLES, FL, 34102-6523
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Rent:** $47K
- **Utilities:** $12K
- **Jobs reported:** 39
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*