# PPP loan: WAXALI INC
> **$211K** approved 04/16/2020 · Paid in Full · Loan `2675187206`
## Borrower
- **Name:** WAXALI INC
- **Address:** CARRETERA 152 KM 2 HM 2  Bo Cedro Arriba, Naranjito, PR, 00719
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $17K
- **Utilities:** $11K
- **Debt interest:** $160
- **Jobs reported:** 33
## 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*