# PPP loan: COMPANIA PONCENA TRANSPORTE IN
> **$281K** approved 03/20/2021 · Paid in Full · Loan `4956248605`
## Borrower
- **Name:** COMPANIA PONCENA TRANSPORTE IN
- **Address:** 3019 Ave San Cristobal Coto Laurel, Ponce, PR, 00780-2808
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 08/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $281K
- **Utilities:** $1
- **Jobs reported:** 32
## 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*