# PPP loan: CORREA TIRE DISTRIBUTORS,INC
> **$248K** approved 04/09/2020 · Paid in Full · Loan `9038737008`
## Borrower
- **Name:** CORREA TIRE DISTRIBUTORS,INC
- **Address:** Carr.#2 km 26.7 Bo.Espinosa, VEGA ALTA, PR, 00692
- **NAICS:** 423130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 57
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*