# PPP loan: FERRAIUOLI LLC
> **$1.36M** approved 04/07/2020 · Paid in Full · Loan `7242337004`
## Borrower
- **Name:** FERRAIUOLI LLC
- **Address:** 221 PONCE DE LEON AVENUE SUITE 500, SAN JUAN, PR, 00917-1800
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Rent:** $69K
- **Utilities:** $33K
- **Jobs reported:** 104
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*