# PPP loan: MLM RESTAURANTS, INC.
> **$898K** approved 04/15/2020 · Paid in Full · Loan `9354937109`
## Borrower
- **Name:** MLM RESTAURANTS, INC.
- **Address:** 7000 Rd. 187 RR2, CAROLINA, PR, 00979
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $898K
- **Initial approval:** $898K
- **Forgiven:** $907K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $674K
- **Rent:** $87K
- **Utilities:** $138K
- **Jobs reported:** 220
## 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*