# PPP loan: TELECINCO INC.
> **$426K** approved 04/28/2020 · Paid in Full · Loan `6587757209`
## Borrower
- **Name:** TELECINCO INC.
- **Address:** 519 Ave. Ponce de Leon, SAN JUAN, PR, 00909
- **NAICS:** 515120
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $341K
- **Rent:** $43K
- **Utilities:** $43K
- **Jobs reported:** 32
## 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*