# PPP loan: COPER ELECTRICAL INC
> **$169K** approved 04/27/2020 · Paid in Full · Loan `4246727203`
## Borrower
- **Name:** COPER ELECTRICAL INC
- **Address:** BO SUMIDERO KM7 HM 2 CARR 173, AGUAS BUENAS, PR, 00703
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Mortgage interest:** $5K
- **Utilities:** $4K
- **Jobs reported:** 44
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*