# PPP loan: FG AUTO RETAIL, INC.
> **$389K** approved 04/13/2020 · Paid in Full · Loan `5372017110`
## Borrower
- **Name:** FG AUTO RETAIL, INC.
- **Address:** CARR 111 KM 16.4 BARRIO GUATEMALA, SAN SEBASTIAN, PR, 00685
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Rent:** $40K
- **Utilities:** $10K
- **Jobs reported:** 57
## 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*