# PPP loan: RIMCO LLC
> **$1.74M** approved 04/14/2020 · Paid in Full · Loan `5746247104`
## Borrower
- **Name:** RIMCO LLC
- **Address:** MARGINAL JF KENNEDY, SAN JUAN, PR, 00920-1405
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Rent:** $9K
- **Utilities:** $65K
- **Debt interest:** $33K
- **Jobs reported:** 162
## 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*