# PPP loan: NORTHWESTERN SELECTA, INC.
> **$1.85M** approved 04/13/2020 · Paid in Full · Loan `4387937102`
## Borrower
- **Name:** NORTHWESTERN SELECTA, INC.
- **Address:** 599 15 ST NW, SAN JUAN, PR, 00920-2110
- **NAICS:** 424420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.71M
- **Mortgage interest:** $48K
- **Utilities:** $91K
- **Jobs reported:** 276
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*