Caribbean Glaze Corporation

$820,000 PPP Loan in Guaynabo, Puerto Rico

Loan Details

Loan Number
8699577109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$820,000
Current Approval
$820,000
Forgiveness Amount
$829,589
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Caribbean Glaze Corporation
Address
B5 Calle Tabonuco
ZIP Code
00968
Business Type
Cooperative
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Krispy Kreme Doughnuts
Business Age
Existing or more than 2 years old
Jobs Reported
247
Estimated Revenue
$43.9M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$615,000
Rent
$75,440
Utilities
$71,955
Debt Interest
$57,605

Lender Information

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

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