# PPP loan: OLDACH ASSOCIATES LLC
> **$1.09M** approved 04/13/2020 · Paid in Full · Loan `5528937101`
## Borrower
- **Name:** OLDACH ASSOCIATES LLC
- **Address:** 4 Calle, Esq Calle A, Las Palmas Industrial Park, CATANO, PR, 00962
- **NAICS:** 423740
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $939K
- **Rent:** $126K
- **Utilities:** $25K
- **Jobs reported:** 123
## 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*