# PPP loan: MERCHANDISE AND AUDIT SERVICES
> **$548K** approved 03/29/2021 · Paid in Full · Loan `2570848704`
## Borrower
- **Name:** MERCHANDISE AND AUDIT SERVICES
- **Address:** 3 Carr 174 Sector Industrial 111, Bayamon, PR, 00956-3043
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $550K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $547K
- **Utilities:** $1
- **Jobs reported:** 279
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*