# PPP loan: TOUCAN MOTORS INC
> **$180K** approved 06/18/2020 · Paid in Full · Loan `8611377910`
## Borrower
- **Name:** TOUCAN MOTORS INC
- **Address:** 199 NW 79 ST, MIAMI, FL, 33150-3054
- **NAICS:** 485991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $135K
- **Utilities:** $45K
- **Jobs reported:** 28
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*