# PPP loan: LAGO MAR PROPERTIES, INC.
> **$1.51M** approved 04/28/2020 · Paid in Full · Loan `8345267200`
## Borrower
- **Name:** LAGO MAR PROPERTIES, INC.
- **Address:** 1700 S. Ocean Lane, FORT LAUDERDALE, FL, 33316-3246
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 202
## Lender
- **Originating:** The Northern Trust Company
- **Servicing:** The Northern Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*