# PPP loan: PENINSULA INSURANCE BUREAU INC
> **$1.57M** approved 04/13/2020 · Exemption 4 · Loan `4498807101`
## Borrower
- **Name:** PENINSULA INSURANCE BUREAU INC
- **Address:** 6065 NW 167 Street B1, HIALEAH, FL, 33015
- **NAICS:** 524291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.46M (93%)
- **Forgiveness date:** 07/07/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.57M
- **Jobs reported:** 96
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*