# PPP loan: RICARDO TORRES
> **$169K** approved 04/17/2021 · Paid in Full · Loan `5194778804`
## Borrower
- **Name:** RICARDO TORRES
- **Address:** 13611 S Dixie Hwy Ste 109-530, Miami, FL, 33176-7258
- **NAICS:** 236118
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $169K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*