# PPP loan: CALA ENTERPRISES CORPORATION
> **$174K** approved 04/14/2020 · Charged Off · Loan `5881897103`
## Borrower
- **Name:** CALA ENTERPRISES CORPORATION
- **Address:** 19091 SW 160 STREET, MIAMI, FL, 33187
- **NAICS:** 519190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $70K (40%)
- **Forgiveness date:** 05/26/2021
- **Status:** Charged Off
- **Term:** 180 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 8
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*