# PPP loan: GERARDO RUIZ ENTERPRISES CORP
> **$164K** approved 07/16/2020 · Charged Off · Loan `4500348101`
## Borrower
- **Name:** GERARDO RUIZ ENTERPRISES CORP
- **Address:** 7500 NW 25TH STREET STE 237, DORAL, FL, 33122
- **NAICS:** 238390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $14K (9%)
- **Forgiveness date:** 06/13/2022
- **Status:** Charged Off
- **Term:** 14 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 11
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*