# PPP loan: HOGAR CARMELITANO I, INC
> **$351K** approved 04/15/2020 · Paid in Full · Loan `1981487206`
## Borrower
- **Name:** HOGAR CARMELITANO I, INC
- **Address:** Calle Julian Bengechea #1326 Urb. San Martin, SAN JUAN, PR, 00924-4444
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Utilities:** $40K
- **Jobs reported:** 120
## 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*