# PPP loan: INVESTMENTPROPERTIES CORPORATION OF NAPLES
> **$178K** approved 04/15/2020 · Paid in Full · Loan `9362247103`
## Borrower
- **Name:** INVESTMENTPROPERTIES CORPORATION OF NAPLES
- **Address:** 3838 TAMIAMI TRAIL NORTH, SUITE 402, NAPLES, FL, 34103
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 12/07/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $28K
- **Utilities:** $7K
- **Jobs reported:** 9
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*