# PPP loan: HATILLO CASH & CARRY INC
> **$1.27M** approved 04/28/2020 · Paid in Full · Loan `9415937201`
## Borrower
- **Name:** HATILLO CASH & CARRY INC
- **Address:** 2 carr. Hatillo Pueblo KM 87.1, Hatillo, PR, 00659
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $954K
- **Rent:** $26K
- **Mortgage interest:** $40K
- **Utilities:** $252K
- **Jobs reported:** 350
## 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*