# PPP loan: TERRASSA CONCRETE INDUSTRIES INC.
> **$313K** approved 04/09/2021 · Paid in Full · Loan `9986228701`
## Borrower
- **Name:** TERRASSA CONCRETE INDUSTRIES INC.
- **Address:** 35-17 Calle 24 Urb Santa Rosa, Bayamon, PR, 00959-6543
- **NAICS:** 327310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $318K (102%)
- **Forgiveness date:** 10/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $313K
- **Utilities:** $1
- **Jobs reported:** 49
## 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*