# PPP loan: PRALA LLC
> **$408K** approved 07/23/2020 · Charged Off · Loan `7594978106`
## Borrower
- **Name:** PRALA LLC
- **Address:** 14746 SW 9TH LN, MIAMI, FL, 33194-2904
- **NAICS:** 488999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $252K (62%)
- **Forgiveness date:** 08/25/2022
- **Status:** Charged Off
- **Term:** 29 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 26
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*