# PPP loan: COMERCIAL TORO, INC.
> **$170K** approved 04/15/2020 · Paid in Full · Loan `1615787202`
## Borrower
- **Name:** COMERCIAL TORO, INC.
- **Address:** SECTOR BALLAJA  CARRETERA 312 KM 1 HM 0, CABO ROJO, PR, 00623
- **NAICS:** 444130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Mortgage interest:** $28K
- **Utilities:** $15K
- **Jobs reported:** 39
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*