# PPP loan: ARCO PUBLICIDAD CORP.
> **$435K** approved 02/04/2021 · Paid in Full · Loan `3248038410`
## Borrower
- **Name:** ARCO PUBLICIDAD CORP.
- **Address:** 1151 Ave Ponce de Leon Ste 22, San Juan, PR, 00925-3603
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $435K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*