# PPP loan: MAYAGUEZ CINEMA CORP
> **$151K** approved 03/13/2021 · Paid in Full · Loan `1528538609`
## Borrower
- **Name:** MAYAGUEZ CINEMA CORP
- **Address:** WESTERN PLAZA SHOPPING CENTER CARR#2 KM 180 BO SABANETA, MAYAGUEZ, PR, 00680
- **NAICS:** 512131
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $151K
- **Utilities:** $1
- **Jobs reported:** 78
## 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*