# PPP loan: FORD DEL SUR, INC.
> **$281K** approved 04/14/2020 · Paid in Full · Loan `5758447102`
## Borrower
- **Name:** FORD DEL SUR, INC.
- **Address:** Urb.Reparada Calle Marginal, Carr.#2, Ponce By Pass, PONCE, PR, 00732
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $27K
- **Utilities:** $19K
- **Jobs reported:** 51
## 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*