# PPP loan: LA COLONIA MANAGEMENT LLC
> **$940K** approved 04/14/2020 · Paid in Full · Loan `6412007107`
## Borrower
- **Name:** LA COLONIA MANAGEMENT LLC
- **Address:** 167 W 23RD ST, HIALEAH, FL, 33010-2211
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $3.82M
- **Forgiven:** $950K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Utilities:** $235K
- **Jobs reported:** 110
## 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*