# PPP loan: PEPE ABAD I, LLC
> **$150K** approved 04/07/2020 · Paid in Full · Loan `7039557005`
## Borrower
- **Name:** PEPE ABAD I, LLC
- **Address:** Road 1 Km 51.9, Beatriz Ward, CIDRA, PR, 00739
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $90K
- **Rent:** $14K
- **Utilities:** $36K
- **Health care:** $3K
- **Debt interest:** $8K
- **Jobs reported:** 22
## 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*