# PPP loan: LAGUNA DEVELOPMENT CORPORATION
> **$1.85M** approved 04/30/2020 · Paid in Full · Loan `7113207309`
## Borrower
- **Name:** LAGUNA DEVELOPMENT CORPORATION
- **Address:** 14500 CENTRAL AVE SW, ALBUQUERQUE, NM, 87121-1450
- **NAICS:** 445110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.85M
- **Jobs reported:** 259
## Lender
- **Originating:** BOKF, National Association
- **Servicing:** BOKF, National Association (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*