# PPP loan: HERVAZ, INC.
> **$217K** approved 04/15/2020 · Paid in Full · Loan `9705167106`
## Borrower
- **Name:** HERVAZ, INC.
- **Address:** 1569 CALLE ALDA PISO 3 suite 301, SAN JUAN, PR, 00926-2740
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Rent:** $28K
- **Utilities:** $26K
- **Jobs reported:** 175
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*