# PPP loan: STEVENS & LAYTON INC
> **$444K** approved 04/14/2020 · Paid in Full · Loan `7079787107`
## Borrower
- **Name:** STEVENS & LAYTON INC
- **Address:** 11260 PALM BEACH BLVD, FORT MYERS, FL, 33905-5905
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $448K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Rent:** $56K
- **Utilities:** $56K
- **Jobs reported:** 46
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*