# PPP loan: POWER PRECAST PRODUCTS, CORP
> **$406K** approved 04/06/2020 · Paid in Full · Loan `6153267000`
## Borrower
- **Name:** POWER PRECAST PRODUCTS, CORP
- **Address:** Street 955 km. 0.9, RIO GRANDE, PR, 00745
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Utilities:** $31K
- **Health care:** $32K
- **Jobs reported:** 60
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*