# PPP loan: CARIBBEAN ELECTRIC SERVICE INC
> **$160K** approved 04/29/2020 · Paid in Full · Loan `3464537307`
## Borrower
- **Name:** CARIBBEAN ELECTRIC SERVICE INC
- **Address:** 621 AVE SANTA TERESA JOURNET SUITE 2, MAYAGUEZ, PR, 00682
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 28
## 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*