# PPP loan: ALONSO & CARUS IRON WORKS INC.
> **$486K** approved 03/23/2021 · Paid in Full · Loan `6436258603`
## Borrower
- **Name:** ALONSO & CARUS IRON WORKS INC.
- **Address:** Road 869 Km. 0.9 Palmas Ward, Road 869 Km. 0.9, PR, 00962
- **NAICS:** 332420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 06/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $486K
- **Jobs reported:** 101
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*