# PPP loan: M & N ELECTRONIC INC.
> **$292K** approved 04/28/2020 · Paid in Full · Loan `6866367202`
## Borrower
- **Name:** M & N ELECTRONIC INC.
- **Address:** PO Box 51648, TOA BAJA, PR, 00950-1648
- **NAICS:** 332321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $294K
- **Forgiven:** $297K (102%)
- **Forgiveness date:** 11/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 61
## 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*