# PPP loan: TROPICAL SUPERMARKET NO. 16, INC.
> **$505K** approved 04/15/2020 · Paid in Full · Loan `1001617203`
## Borrower
- **Name:** TROPICAL SUPERMARKET NO. 16, INC.
- **Address:** 18350 NW 7TH AVE, MIAMI, FL, 33169-4410
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $511K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 82
## Lender
- **Originating:** U.S. Century Bank
- **Servicing:** U.S. Century Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*