# PPP loan: AKM MFG INC.
> **$518K** approved 02/10/2021 · Paid in Full · Loan `6118788407`
## Borrower
- **Name:** AKM MFG INC.
- **Address:** 418 Calle a Ste 1 418 A Street Ste 1 Urb Ind Mario Julia, San Juan, PR, 00920-2005
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $518K
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*