# PPP loan: ACADEMIA SERRANT INC.
> **$189K** approved 04/16/2020 · Paid in Full · Loan `2394637203`
## Borrower
- **Name:** ACADEMIA SERRANT INC.
- **Address:** 8180 CALLE CONCORDIA, PONCE, PR, 00717
- **NAICS:** 611519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $32K
- **Utilities:** $15K
- **Jobs reported:** 68
## 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*