# PPP loan: CUBA TROPICAL INC.
> **$339K** approved 04/29/2020 · Paid in Full · Loan `2012027301`
## Borrower
- **Name:** CUBA TROPICAL INC.
- **Address:** 3001 NW 17th Ave, MIAMI, FL, 33142
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $346K (102%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Utilities:** $85K
- **Jobs reported:** 28
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*