# PPP loan: CANARICO QUARRIES, INC
> **$306K** approved 04/15/2020 · Paid in Full · Loan `9628027105`
## Borrower
- **Name:** CANARICO QUARRIES, INC
- **Address:** Guayabal Carr. 552 Km 0.7, Juana Diaz, PR, 00795
- **NAICS:** 423320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $61K
- **Jobs reported:** 48
## 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*