# PPP loan: MP ELEVATOR INC
> **$150K** approved 05/01/2020 · Paid in Full · Loan `9394737701`
## Borrower
- **Name:** MP ELEVATOR INC
- **Address:** EXT FOREST HILLS  E46 CALLE MARGINAL, BAYAMON, PR, 00959
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 16
## 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*