# PPP loan: R. PLANTS, INC.
> **$1.10M** approved 04/07/2020 · Paid in Full · Loan `7362877007`
## Borrower
- **Name:** R. PLANTS, INC.
- **Address:** 16455 SW 264th st., HOMESTEAD, FL, 33031-2005
- **NAICS:** 111140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (102%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $823K
- **Utilities:** $274K
- **Jobs reported:** 175
## 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*