# PPP loan: WORLDNET TELECOMMUNICATIONS INC
> **$1.43M** approved 04/16/2020 · Paid in Full · Loan `2733987209`
## Borrower
- **Name:** WORLDNET TELECOMMUNICATIONS INC
- **Address:** CENTRO INTERNACIONAL MERCADEO 90 CARR SUITE 201, GUAYNABO, PR, 00968
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Rent:** $107K
- **Utilities:** $53K
- **Jobs reported:** 131
## 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*