# PPP loan: AMERICAN TUGS INCORPORATED
> **$422K** approved 02/03/2021 · Paid in Full · Loan `2421858409`
## Borrower
- **Name:** AMERICAN TUGS INCORPORATED
- **Address:** 805 Ave Ponce de Leon Apt 702, San Juan, PR, 00907-3387
- **NAICS:** 483111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $422K
- **Jobs reported:** 33
## 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*