# PPP loan: LUBAVITCH EDUCATIONAL CENTER
> **$1.88M** approved 04/07/2020 · Paid in Full · Loan `6587957003`
## Borrower
- **Name:** LUBAVITCH EDUCATIONAL CENTER
- **Address:** 17330 NW 7th Avenue, MIAMI, FL, 33169-5407
- **NAICS:** 813110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 12/11/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Utilities:** $471K
- **Jobs reported:** 340
## 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*