# PPP loan: SIMPLEX TRANSPORTATION MANAGEMENT SERVICES, INC.
> **$433K** approved 04/07/2020 · Paid in Full · Loan `7571757002`
## Borrower
- **Name:** SIMPLEX TRANSPORTATION MANAGEMENT SERVICES, INC.
- **Address:** 7500 nw 52nd st., MIAMI, FL, 33166-5511
- **NAICS:** 488490
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $433K
- **Initial approval:** $433K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Utilities:** $108K
- **Jobs reported:** 37
## 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*