# PPP loan: EUGENIO SERAFIN, INC.
> **$261K** approved 04/16/2020 · Paid in Full · Loan `2733117206`
## Borrower
- **Name:** EUGENIO SERAFIN, INC.
- **Address:** Minillas Industrial Park 219 Ave Laurel, Bayamon, PR, 00959
- **NAICS:** 423710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $26K
- **Utilities:** $15K
- **Debt interest:** $30K
- **Jobs reported:** 40
## 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*