# PPP loan: MULTI-BATTERIES & FORKLIFTS, CORP.
> **$266K** approved 05/01/2020 · Paid in Full · Loan `9270367706`
## Borrower
- **Name:** MULTI-BATTERIES & FORKLIFTS, CORP.
- **Address:** Villa Blanca Industrial Park, Caguas, PR, 00725
- **NAICS:** 335911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $270K (102%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Jobs reported:** 51
## 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*