# PPP loan: SYNERLUTION INC.
> **$536K** approved 02/26/2021 · Paid in Full · Loan `4825618500`
## Borrower
- **Name:** SYNERLUTION INC.
- **Address:** Road #2 Km 114.5 Marginal St, Isabela, PR, 00662
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $540K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $536K
- **Utilities:** $1
- **Jobs reported:** 40
## 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*