# PPP loan: INDUCIR LLC
> **$220K** approved 05/11/2021 · Charged Off · Loan `8239878906`
## Borrower
- **Name:** INDUCIR LLC
- **Address:** 1801 NE 196th Ter, Miami, FL, 33179-3645
- **NAICS:** 448110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Status:** Charged Off
- **Term:** 30 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*