# PPP loan: PROFESSIONAL FUEL SERVICES INC
> **$353K** approved 05/09/2020 · Paid in Full · Loan `4552757406`
## Borrower
- **Name:** PROFESSIONAL FUEL SERVICES INC
- **Address:** Carr. 866 Km. 3.2 Sabana Seca, TOA BAJA, PR, 00952
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $18K
- **Utilities:** $11K
- **Jobs reported:** 62
## 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*