# PPP loan: JOCAR ENTERPRISES, INC.
> **$950K** approved 04/29/2020 · Paid in Full · Loan `2055397307`
## Borrower
- **Name:** JOCAR ENTERPRISES, INC.
- **Address:** AVE LUIS MUNOZ MARIN, URB. MARIOLGA, CAGUAS, PR, 00726
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Forgiven:** $959K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $713K
- **Utilities:** $238K
- **Jobs reported:** 206
## 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*