# PPP loan: BORINQUEN BISCUIT CORP
> **$1.02M** approved 04/16/2020 · Paid in Full · Loan `2932417205`
## Borrower
- **Name:** BORINQUEN BISCUIT CORP
- **Address:** BO BARRIADA LLUVERAS CARR 376 KM 0.1, YAUCO, PR, 00698
- **NAICS:** 311821
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $961K
- **Utilities:** $60K
- **Jobs reported:** 148
## 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*