# PPP loan: MATOSANTOS COMMERCIAL CORPORATION
> **$737K** approved 04/15/2020 · Paid in Full · Loan `1524727200`
## Borrower
- **Name:** MATOSANTOS COMMERCIAL CORPORATION
- **Address:** Cabo Caribe Industrial Park Street A Lot 23, VEGA BAJA, PR, 00693
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $737K
- **Initial approval:** $737K
- **Forgiven:** $744K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $553K
- **Rent:** $20K
- **Mortgage interest:** $52K
- **Utilities:** $112K
- **Jobs reported:** 80
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*