# PPP loan: RESTAURANTS OPERATORS, INC.
> **$3.28M** approved 04/13/2020 · Paid in Full · Loan `4683107105`
## Borrower
- **Name:** RESTAURANTS OPERATORS, INC.
- **Address:** 1155 Ponce De Leon Ave, SAN JUAN, PR, 00907
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.28M
- **Initial approval:** $3.28M
- **Forgiven:** $3.32M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.46M
- **Rent:** $426K
- **Mortgage interest:** $395K
- **Jobs reported:** 500
## 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*