# PPP loan: PASTELERIA CIDRINES, INC.
> **$643K** approved 04/06/2020 · Paid in Full · Loan `5701957003`
## Borrower
- **Name:** PASTELERIA CIDRINES, INC.
- **Address:** 1A Zeno Gandia Industrial Park, ARECIBO, PR, 00612
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $643K
- **Initial approval:** $643K
- **Forgiven:** $649K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $491K
- **Utilities:** $152K
- **Jobs reported:** 108
## 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*