# PPP loan: ALPLA CARIBE, INC.
> **$1.26M** approved 04/27/2020 · Paid in Full · Loan `3548517200`
## Borrower
- **Name:** ALPLA CARIBE, INC.
- **Address:** Bo. Puente Jobos Carrl. #3, Km. 146.5, GUAYAMA, PR, 00785
- **NAICS:** 326160
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $947K
- **Utilities:** $316K
- **Jobs reported:** 188
## 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*