# PPP loan: LOTSPEICH CO. OF FLORIDA, INC
> **$3.20M** approved 04/05/2020 · Paid in Full · Loan `5314877003`
## Borrower
- **Name:** LOTSPEICH CO. OF FLORIDA, INC
- **Address:** 6351 NW 28th Way, FORT LAUDERDALE, FL, 33309-1724
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.20M
- **Initial approval:** $3.20M
- **Forgiven:** $3.23M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.10M
- **Rent:** $64K
- **Utilities:** $32K
- **Jobs reported:** 224
## Lender
- **Originating:** American National Bank
- **Servicing:** American National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*