# PPP loan: BRAMAN MOTORS, INC.
> **$5.92M** approved 04/06/2020 · Paid in Full · Loan `5798567010`
## Borrower
- **Name:** BRAMAN MOTORS, INC.
- **Address:** 2060 Biscayne Blvd, MIAMI, FL, 33137-5024
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.92M
- **Initial approval:** $5.92M
- **Forgiven:** $6.03M (102%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.44M
- **Utilities:** $1.48M
- **Jobs reported:** 405
## 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*