# PPP loan: INTERNATIONAL RESTAURANT SERVICES, INC.
> **$8.99M** approved 04/15/2020 · Paid in Full · Loan `9187527106`
## Borrower
- **Name:** INTERNATIONAL RESTAURANT SERVICES, INC.
- **Address:** Barrio Palmas Royal Industrial Edificio K Carretera 869 Km 1, CATANO, PR, 00962
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.99M
- **Initial approval:** $8.99M
- **Forgiven:** $9.10M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.74M
- **Rent:** $1.41M
- **Utilities:** $693K
- **Debt interest:** $144K
- **Jobs reported:** 500
## 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*