# PPP loan: TERRANOVA CAPITAL CORPORATION
> **$269K** approved 04/05/2020 · Paid in Full · Loan `5326877000`
## Borrower
- **Name:** TERRANOVA CAPITAL CORPORATION
- **Address:** 801 Arthur Godrey Road, MIAMI BEACH, FL, 33140
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Utilities:** $67K
- **Jobs reported:** 18
## 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*