# PPP loan: PRESIDENTE SUPERMARKET NO 25 INC.
> **$260K** approved 04/28/2020 · Paid in Full · Loan `6341427204`
## Borrower
- **Name:** PRESIDENTE SUPERMARKET NO 25 INC.
- **Address:** 621 Northwest 62nd Street, MIAMI, FL, 33150
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $65K
- **Jobs reported:** 52
## 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*