# PPP loan: LAUDERDALE BMW INC
> **$287K** approved 03/10/2021 · Charged Off · Loan `8513288507`
## Borrower
- **Name:** LAUDERDALE BMW INC
- **Address:** 8800 NW 8th Ave, Miami, FL, 33150
- **NAICS:** 336310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $287K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*