# PPP loan: CARIBBEAN FIBRES, INC.
> **$250K** approved 04/04/2020 · Paid in Full · Loan `4911147000`
## Borrower
- **Name:** CARIBBEAN FIBRES, INC.
- **Address:** 9060 NW 82ND AVE, MIAMI, FL, 33166-2129
- **NAICS:** 425120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Utilities:** $62K
- **Jobs reported:** 16
## 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*