# PPP loan: PEPE ABAD AUTO, INC.
> **$980K** approved 04/07/2020 · Paid in Full · Loan `7149237004`
## Borrower
- **Name:** PEPE ABAD AUTO, INC.
- **Address:** Bo. Montellano 115 Carr 735, CAYEY / PR, PR, 00736
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $980K
- **Initial approval:** $980K
- **Forgiven:** $988K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $843K
- **Rent:** $11K
- **Mortgage interest:** $18K
- **Utilities:** $32K
- **Health care:** $29K
- **Debt interest:** $49K
- **Jobs reported:** 111
## 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*