# PPP loan: EAST FLORIDA MOTOR SALES, INC.
> **$1.10M** approved 04/04/2020 · Paid in Full · Loan `4821177005`
## Borrower
- **Name:** EAST FLORIDA MOTOR SALES, INC.
- **Address:** 4650 HIGHWAY 520, COCOA, FL, 32926-3222
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $771K
- **Mortgage interest:** $301K
- **Utilities:** $28K
- **Jobs reported:** 121
## Lender
- **Originating:** Paradise Bank
- **Servicing:** Paradise Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*