# PPP loan: ALCO HIGH TECH PLASTICS INC
> **$469K** approved 04/27/2020 · Paid in Full · Loan `3702367202`
## Borrower
- **Name:** ALCO HIGH TECH PLASTICS INC
- **Address:** 159 Road, Km. 13, Corozal, PR, 00783-2217
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $469K
- **Jobs reported:** 87
## 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*