# PPP loan: J C AUTOMATION, CORP.
> **$539K** approved 04/14/2020 · Paid in Full · Loan `5800287107`
## Borrower
- **Name:** J C AUTOMATION, CORP.
- **Address:** Calle D # C-27, URB Los Maestros, HUMACAO, PR, 00791
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $545K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $535K
- **Mortgage interest:** $810
- **Utilities:** $3K
- **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*