# PPP loan: BLANCO ENTERPRISES INC
> **$332K** approved 04/16/2020 · Paid in Full · Loan `2743857209`
## Borrower
- **Name:** BLANCO ENTERPRISES INC
- **Address:** MONTE ATENAS OFFICE PARK CARR 199 KM 15 HM 6, SAN JUAN, PR, 00926
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Rent:** $33K
- **Utilities:** $33K
- **Jobs reported:** 86
## 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*