# PPP loan: MANGROVE VENTURES INC
> **$158K** approved 05/05/2020 · Paid in Full · Loan `2448747404`
## Borrower
- **Name:** MANGROVE VENTURES INC
- **Address:** 6526 ESTATE NADIR 2, Charlotte Amalie, VI, 00802
- **NAICS:** 561520
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 100
## 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*