# PPP loan: SILMAR ELECTRONICS,INC.
> **$1.11M** approved 04/13/2020 · Paid in Full · Loan `5574057109`
## Borrower
- **Name:** SILMAR ELECTRONICS,INC.
- **Address:** 3405 NW 113TH CT, DORAL, FL, 33178-1838
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Jobs reported:** 83
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*