# PPP loan: PRINCIPIA INC.
> **$359K** approved 02/14/2021 · Paid in Full · Loan `8803718405`
## Borrower
- **Name:** PRINCIPIA INC.
- **Address:** QUIMERA ST. #29 MUNOZ RIVERA, GUAYNABO, PR, 00969
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $362K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $359K
- **Jobs reported:** 23
## 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*