# PPP loan: ALONSO & CARUS IRON WORKS, INC.
> **$709K** approved 04/29/2020 · Paid in Full · Loan `2344657309`
## Borrower
- **Name:** ALONSO & CARUS IRON WORKS, INC.
- **Address:** Road 869 Km. 0.9 Palmas Ward, Catano, PR, 00962
- **NAICS:** 332420
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $709K
- **Initial approval:** $709K
- **Forgiven:** $720K (102%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $709K
- **Jobs reported:** 101
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*