South Florida Institute of Technology in

$705,000 PPP Loan in Miami, Florida

Loan Details

Loan Number
5056907006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$705,000
Current Approval
$705,000
Forgiveness Amount
$711,741
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Florida Institute of Technology in
Address
720 NW 27th Ave.
City
Miami
State
Florida
ZIP Code
33125-3013
Business Type
Corporation
Industry (NAICS)
Educational Services (611710)
Business Age
Existing or more than 2 years old
Jobs Reported
91
Estimated Revenue
$12.1M
Rural/Urban
Urban
Congressional District
FL-27

Loan Use Breakdown

Payroll
$528,750
Utilities
$176,250

Lender Information

Servicing Lender
City National Bank of Florida
Originating Lender
City National Bank of Florida

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