# PPP loan: ESPECIAS MONTERO INC.
> **$155K** approved 04/28/2020 · Paid in Full · Loan `9021007201`
## Borrower
- **Name:** ESPECIAS MONTERO INC.
- **Address:** Bo Rio Chiquito solar 11 carr 504, PONCE, PR, 00731
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 29
## 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*