# PPP loan: CARIBBEAN MERCHANDISER SERVICES OF PR
> **$421K** approved 03/02/2021 · Paid in Full · Loan `5847758502`
## Borrower
- **Name:** CARIBBEAN MERCHANDISER SERVICES OF PR
- **Address:** Carr. 1 Km 33.7 Ave. Angora Bairoa Lote 1 Caguas PR 00725, Caguas, PR, 00725
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $421K
- **Utilities:** $1
- **Jobs reported:** 111
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*