# PPP loan: LARIOS ON THE BEACH, INC.
> **$461K** approved 04/04/2020 · Paid in Full · Loan `4749747004`
## Borrower
- **Name:** LARIOS ON THE BEACH, INC.
- **Address:** 420 Jefferson Avenue, MIAMI BEACH, FL, 33139-6503
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $151K (33%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Utilities:** $115K
- **Jobs reported:** 65
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*