# PPP loan: THE RETAIL GROUP INC
> **$3.11M** approved 04/09/2020 · Paid in Full · Loan `9916247008`
## Borrower
- **Name:** THE RETAIL GROUP INC
- **Address:** Urb Industrial Luchetti ave Francisco J De Goya Calle 5 R28, BAYAMON, PR, 00959
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.11M
- **Initial approval:** $3.11M
- **Forgiven:** $3.15M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.11M
- **Jobs reported:** 500
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*