# PPP loan: MORE AUTOMOTIVE PRODUCTS, INC
> **$317K** approved 04/15/2020 · Paid in Full · Loan `8556187102`
## Borrower
- **Name:** MORE AUTOMOTIVE PRODUCTS, INC
- **Address:** PO Box 810130. Ave. Baldorioty de Castro KM 10.1 Marginal Los Angeles, Carolina, PR, 00979
- **NAICS:** 532111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Rent:** $70K
- **Utilities:** $9K
- **Jobs reported:** 68
## 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*