# PPP loan: KIPP MIAMI, INC.
> **$717K** approved 04/15/2020 · Paid in Full · Loan `8148897104`
## Borrower
- **Name:** KIPP MIAMI, INC.
- **Address:** 1951 Northwest 7th Avenue 600, Miami, FL, 33136
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $717K
- **Initial approval:** $717K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $681K
- **Health care:** $36K
- **Jobs reported:** 56
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*