# PPP loan: PALMETTO FORD TRUCK SALES, INC.
> **$811K** approved 04/27/2020 · Paid in Full · Loan `4739447200`
## Borrower
- **Name:** PALMETTO FORD TRUCK SALES, INC.
- **Address:** 7245 NW 36 Street, MIAMI, FL, 33166-6702
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $811K
- **Initial approval:** $811K
- **Forgiven:** $816K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $608K
- **Utilities:** $203K
- **Jobs reported:** 53
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*