# PPP loan: AMERICAN ELECTRIC OF MIAMI INC
> **$320K** approved 04/15/2020 · Paid in Full · Loan `1414717207`
## Borrower
- **Name:** AMERICAN ELECTRIC OF MIAMI INC
- **Address:** 11360 SW  208TH DR, MIAMI, FL, 33189-2231
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 19
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Amerant Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*