# PPP loan: JOSE SANTIAGO INC.
> **$3.66M** approved 04/15/2020 · Paid in Full · Loan `1796197200`
## Borrower
- **Name:** JOSE SANTIAGO INC.
- **Address:** Km. 4.4 Carr. 5, Urb. Industrial Luchetti, Bayamon, PR, 00959
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.66M
- **Initial approval:** $3.64M
- **Forgiven:** $3.71M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.75M
- **Utilities:** $911K
- **Jobs reported:** 415
## 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*