# PPP loan: ARECIBO CINEMA CORP
> **$173K** approved 03/12/2021 · Paid in Full · Loan `9131758505`
## Borrower
- **Name:** ARECIBO CINEMA CORP
- **Address:** 1512 Ave Fernandez Juncos, San Juan, PR, 00909-2743
- **NAICS:** 512131
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 03/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 108
## 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*