# PPP loan: ITANAM, LLC
> **$700K** approved 04/16/2020 · Paid in Full · Loan `2326597202`
## Borrower
- **Name:** ITANAM, LLC
- **Address:** Carretera 668 Int. Carretera 670, Manati, PR, 00674
- **NAICS:** 445110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $606K
- **Rent:** $93K
- **Jobs reported:** 242
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*