# PPP loan: MELAMED & KARP
> **$156K** approved 04/08/2020 · Paid in Full · Loan `8088757007`
## Borrower
- **Name:** MELAMED & KARP
- **Address:** 12466 W Atlantic Blvd, CORAL SPRINGS, FL, 33071-4086
- **NAICS:** 541219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $18K
- **Utilities:** $850
- **Health care:** $7K
- **Jobs reported:** 11
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*