# PPP loan: ARSO RADIO CORPORATION
> **$456K** approved 04/15/2020 · Paid in Full · Loan `9742617109`
## Borrower
- **Name:** ARSO RADIO CORPORATION
- **Address:** Ave. Luis Muniz Marin Esq. Calle #4 Caguas Norte, Caguas, PR, 00726
- **NAICS:** 515111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $456K
- **Initial approval:** $456K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Mortgage interest:** $91K
- **Jobs reported:** 116
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*