# PPP loan: BALLESTER HERMANOS INC.
> **$4.51M** approved 04/11/2020 · Paid in Full · Loan `2817987108`
## Borrower
- **Name:** BALLESTER HERMANOS INC.
- **Address:** West Gate Industrial Park, Carretera 869, Calle 3, Barrio Palmas, CATANO, PR, 00962
- **NAICS:** 424820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.51M
- **Initial approval:** $4.58M
- **Forgiven:** $4.56M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.51M
- **Jobs reported:** 495
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*