# PPP loan: DOWNRITE ENGINEERING CORP.
> **$5.96M** approved 04/08/2020 · Paid in Full · Loan `7830247008`
## Borrower
- **Name:** DOWNRITE ENGINEERING CORP.
- **Address:** 14241 sw 143rd ct ,, MIAMI, FL, 33186-5695
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.96M
- **Initial approval:** $5.96M
- **Forgiven:** $6.03M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.47M
- **Utilities:** $1.49M
- **Jobs reported:** 500
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*