# PPP loan: PS IMPORTS INC
> **$740K** approved 04/14/2020 · Paid in Full · Loan `5993047100`
## Borrower
- **Name:** PS IMPORTS INC
- **Address:** Carr #2 KM 19.1, TOA BAJA, PR, 00949
- **NAICS:** 448150
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $740K
- **Initial approval:** $740K
- **Forgiven:** $749K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Rent:** $185K
- **Jobs reported:** 500
## 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*