# PPP loan: EMPRESAS PUERTORRIQUEAS DE DESAROLLO, INC.
> **$634K** approved 04/13/2020 · Paid in Full · Loan `4307667105`
## Borrower
- **Name:** EMPRESAS PUERTORRIQUEAS DE DESAROLLO, INC.
- **Address:** Ponce de Leon 304, Suite 1100, SAN JUAN, PR, 00918
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $634K
- **Initial approval:** $634K
- **Forgiven:** $638K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Rent:** $128K
- **Utilities:** $130K
- **Jobs reported:** 106
## 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*