# PPP loan: PAN PEPIN INC
> **$3.89M** approved 04/14/2020 · Paid in Full · Loan `5879147102`
## Borrower
- **Name:** PAN PEPIN INC
- **Address:** 203 Laurel Ave Industrial Minillas Dev, BAYAMON, PR, 00959
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.89M
- **Initial approval:** $3.89M
- **Forgiven:** $3.95M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.30M
- **Mortgage interest:** $193K
- **Utilities:** $400K
- **Jobs reported:** 460
## 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*