# PPP loan: BALLISTIC RECOVERY SYSTEMS INC
> **$436K** approved 03/02/2021 · Paid in Full · Loan `5831148502`
## Borrower
- **Name:** BALLISTIC RECOVERY SYSTEMS INC
- **Address:** 1110 Brickell Ave Ste 802, Miami, FL, 33131-3138
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $446K (102%)
- **Forgiveness date:** 06/20/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $436K
- **Utilities:** $1
- **Jobs reported:** 31
## 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*