# PPP loan: BARRANQUITAS AUTO CORP
> **$378K** approved 04/09/2020 · Paid in Full · Loan `9787087000`
## Borrower
- **Name:** BARRANQUITAS AUTO CORP
- **Address:** Bo. Bairoa Carr #1 Km 32.6, CAGUAS, PR, 00726
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Rent:** $40K
- **Utilities:** $18K
- **Health care:** $20K
- **Jobs reported:** 52
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*