# PPP loan: EUROCLASS MOTORS INC
> **$237K** approved 04/14/2020 · Paid in Full · Loan `7285837110`
## Borrower
- **Name:** EUROCLASS MOTORS INC
- **Address:** 227 Kennedy Ave, SAN JUAN, PR, 00921
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $23K
- **Utilities:** $15K
- **Jobs reported:** 37
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*