# PPP loan: PONCE RECYCLING INC
> **$362K** approved 06/01/2020 · Paid in Full · Loan `6276697806`
## Borrower
- **Name:** PONCE RECYCLING INC
- **Address:** 5210 W Adams Blvd, LOS ANGELES, CA, 90016-2625
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $362K
- **Jobs reported:** 117
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*