# PPP loan: NEW YORK WIPING AND INDUSTRIAL PRODUCTS CO INC
> **$299K** approved 04/16/2020 · Paid in Full · Loan `2465157210`
## Borrower
- **Name:** NEW YORK WIPING AND INDUSTRIAL PRODUCTS CO INC
- **Address:** AMELIA DISTRIBUTION CENTER DIA, GUAYNABO, PR, 00968
- **NAICS:** 423490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $43K
- **Utilities:** $16K
- **Jobs reported:** 42
## 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*