# PPP loan: DISTRIBUIDORA FERDOC, INC.
> **$303K** approved 04/10/2020 · Paid in Full · Loan `1499707104`
## Borrower
- **Name:** DISTRIBUIDORA FERDOC, INC.
- **Address:** Carr 165 km 10.6 Ramal 8861, TOA ALTA, PR, 00954
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 49
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*