Caribbean University, INC

$1,555,000 PPP Loan in Bayamon, Puerto Rico

Loan Details

Loan Number
2490977200
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,555,000
Current Approval
$1,555,000
Forgiveness Amount
$1,574,524
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Caribbean University, INC
Address
Carr. 167 Km 21.2 Forrest Hills
ZIP Code
00960
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
430
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$1,245,000
Utilities
$180,000
Mortgage Interest
$130,000

Lender Information

Servicing Lender
Banco Popular De Puerto Rico
Originating Lender
Banco Popular De Puerto Rico

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