# PPP loan: FLORIDA TRANSPORTATION SYSTEMS, INC
> **$705K** approved 04/10/2020 · Paid in Full · Loan `1482717100`
## Borrower
- **Name:** FLORIDA TRANSPORTATION SYSTEMS, INC
- **Address:** 7703 INDUSTRIAL LN, TAMPA, FL, 33637-6738
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $705K
- **Initial approval:** $705K
- **Forgiven:** $711K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $561K
- **Rent:** $12K
- **Mortgage interest:** $4K
- **Utilities:** $8K
- **Debt interest:** $120K
- **Jobs reported:** 41
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*