# PPP loan: LAGS ENTERPRISES INC
> **$332K** approved 04/07/2020 · Paid in Full · Loan `6546927009`
## Borrower
- **Name:** LAGS ENTERPRISES INC
- **Address:** 2035 COLONIAL BLVD, FORT MYERS, FL, 33907-1408
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Jobs reported:** 66
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*