# PPP loan: SILVA & SILVA, PA
> **$360K** approved 04/05/2020 · Paid in Full · Loan `5564477004`
## Borrower
- **Name:** SILVA & SILVA, PA
- **Address:** 236 VALENCIA AVE, CORAL GABLES, FL, 33134-5906
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Utilities:** $90K
- **Jobs reported:** 15
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*