# PPP loan: AUTO PAK ENGINEERING CORP
> **$392K** approved 04/14/2020 · Paid in Full · Loan `7528207104`
## Borrower
- **Name:** AUTO PAK ENGINEERING CORP
- **Address:** Caguas Industrial Park 3-1 Avenida Munoz Rivera, CAGUAS, PR, 00725
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Rent:** $46K
- **Utilities:** $8K
- **Jobs reported:** 42
## 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*