# PPP loan: 420 LINCOLN ROAD ASSOCIATES, LTD.
> **$229K** approved 04/07/2020 · Paid in Full · Loan `7233577004`
## Borrower
- **Name:** 420 LINCOLN ROAD ASSOCIATES, LTD.
- **Address:** 420 lincoln road suite 330, MIAMI BEACH, FL, 33139-3000
- **NAICS:** 531390
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $233K (102%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $57K
- **Jobs reported:** 14
## 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*