# PPP loan: MADRUGA LLC
> **$162K** approved 04/06/2020 · Paid in Full · Loan `6342687007`
## Borrower
- **Name:** MADRUGA LLC
- **Address:** 1430 s. dixie hwy suite 117, coral gables, FL, 33146-3101
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Utilities:** $40K
- **Jobs reported:** 20
## 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*