# PPP loan: WENDCO OF PUERTO RICO INC
> **$7.74M** approved 04/11/2020 · Paid in Full · Loan `3258317103`
## Borrower
- **Name:** WENDCO OF PUERTO RICO INC
- **Address:** 1155 Ave Ponce de Leon, SAN JUAN, PR, 00907
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.74M
- **Initial approval:** $7.74M
- **Forgiven:** $7.83M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.81M
- **Rent:** $453K
- **Utilities:** $1.00M
- **Debt interest:** $482K
- **Jobs reported:** 500
## 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*