# PPP loan: KIPU SYSTEMS LLC
> **$2.01M** approved 04/04/2020 · Paid in Full · Loan `4666347007`
## Borrower
- **Name:** KIPU SYSTEMS LLC
- **Address:** 55 Alhambra Plaza, Floor 6, MIAMI, FL, 33134-4621
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.01M
- **Initial approval:** $2.01M
- **Forgiven:** $1.82M (91%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Utilities:** $502K
- **Jobs reported:** 121
## 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*