# PPP loan: STRUCTURAL PRESTRESSED INDUSTRIES, INC.
> **$427K** approved 05/01/2020 · Paid in Full · Loan `1103987700`
## Borrower
- **Name:** STRUCTURAL PRESTRESSED INDUSTRIES, INC.
- **Address:** 11405 NW 112TH CT, MEDLEY, FL, 33178
- **NAICS:** 327390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $342K
- **Rent:** $10K
- **Utilities:** $53K
- **Health care:** $10K
- **Debt interest:** $12K
- **Jobs reported:** 59
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*