# PPP loan: PETER PAUL ELECTRIC INC
> **$256K** approved 05/03/2020 · Paid in Full · Loan `9936187305`
## Borrower
- **Name:** PETER PAUL ELECTRIC INC
- **Address:** PUERTO REAL INDUSTRIAL PARK CARR 195K 1 5, PUERTO REAL, PR, 00740
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 55
## 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*