# PPP loan: MIAMI SYSTEMS, INC
> **$186K** approved 04/05/2020 · Paid in Full · Loan `5410147007`
## Borrower
- **Name:** MIAMI SYSTEMS, INC
- **Address:** 902 Clint Moore Road Suite 200, BOCA RATON, FL, 33487-2800
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Utilities:** $47K
- **Jobs reported:** 12
## 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*