# PPP loan: PMC PALMETTO BAY LLC
> **$151K** approved 05/01/2020 · Charged Off · Loan `4071957700`
## Borrower
- **Name:** PMC PALMETTO BAY LLC
- **Address:** 9275 SW 152ND STREET SUITE 204, MIAMI, FL, 33157
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $146K (96%)
- **Forgiveness date:** 05/17/2022
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 11
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*