# PPP loan: LABORATORIO CLINICO IRIZARRY GUASCH, INC
> **$487K** approved 04/15/2020 · Paid in Full · Loan `8861957104`
## Borrower
- **Name:** LABORATORIO CLINICO IRIZARRY GUASCH, INC
- **Address:** BO COSTAS CARR 116 KM 8.5, LAJAS, PR, 00667
- **NAICS:** 621511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $491K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Rent:** $90K
- **Utilities:** $28K
- **Debt interest:** $4K
- **Jobs reported:** 110
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*