# PPP loan: INDUSTRIAL SPRINKLER CORP.
> **$290K** approved 04/02/2021 · Paid in Full · Loan `5281608710`
## Borrower
- **Name:** INDUSTRIAL SPRINKLER CORP.
- **Address:** CARR 2 KM 62.5, ARECIBO, PR, 00613
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $290K
- **Jobs reported:** 70
## 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*