# PPP loan: BLUE WATER LOGISTICS CORP
> **$154K** approved 04/16/2020 · Paid in Full · Loan `2449707209`
## Borrower
- **Name:** BLUE WATER LOGISTICS CORP
- **Address:** 1341 calle rio danubrio, CAROLINA, PR, 00982
- **NAICS:** 481112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Mortgage interest:** $9K
- **Utilities:** $7K
- **Jobs reported:** 25
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*