# PPP loan: APPLICA INC
> **$151K** approved 04/16/2020 · Paid in Full · Loan `2584747202`
## Borrower
- **Name:** APPLICA INC
- **Address:** CAPARRA HEIGHTS 621 AVENIDA ESCORIAL, SAN JUAN, PR, 00920
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $6K
- **Utilities:** $3K
- **Jobs reported:** 34
## 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*