# PPP loan: SOUTH PUERTO RICO TOWING & BOAT SERVICES, INC.
> **$473K** approved 04/12/2020 · Paid in Full · Loan `4147117104`
## Borrower
- **Name:** SOUTH PUERTO RICO TOWING & BOAT SERVICES, INC.
- **Address:** Road 127 Km 12.4, GUAYANILLA, PR, 00656
- **NAICS:** 488330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $473K
- **Initial approval:** $473K
- **Forgiven:** $478K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Mortgage interest:** $106K
- **Utilities:** $13K
- **Jobs reported:** 58
## 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*