# PPP loan: ATLANTIC PIPE CORPORATION
> **$248K** approved 04/28/2020 · Paid in Full · Loan `9601347205`
## Borrower
- **Name:** ATLANTIC PIPE CORPORATION
- **Address:** CARRETERA 14           KM 11 2 BARRIO JACAGUAS, JUANA DIAZ, PR, 00795
- **NAICS:** 327332
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $5K
- **Utilities:** $24K
- **Jobs reported:** 58
## 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*