# PPP loan: MIAMI-DADE FOUNDATION FOR EDUCATIONAL INNOVATION, INC
> **$705K** approved 04/09/2020 · Paid in Full · Loan `8962517002`
## Borrower
- **Name:** MIAMI-DADE FOUNDATION FOR EDUCATIONAL INNOVATION, INC
- **Address:** 1080 La Baron Drive, MIAMI, FL, 33166-6064
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $705K
- **Initial approval:** $705K
- **Forgiven:** $709K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $529K
- **Utilities:** $176K
- **Jobs reported:** 84
## 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*