# PPP loan: PUERTO RICO CONSUMER DEBT MANAGEMENT CO. INC.
> **$220K** approved 04/16/2020 · Paid in Full · Loan `2551947207`
## Borrower
- **Name:** PUERTO RICO CONSUMER DEBT MANAGEMENT CO. INC.
- **Address:** 250 PONCE DE LEON AVE CITI TOWER II SUITE 7, SAN JUAN, PR, 00918
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Rent:** $11K
- **Utilities:** $3K
- **Jobs reported:** 44
## 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*