# PPP loan: MAYAGEZ RESORT & CASINO INC
> **$725K** approved 04/15/2021 · Paid in Full · Loan `4097168802`
## Borrower
- **Name:** MAYAGEZ RESORT & CASINO INC
- **Address:** CARR 104 KM 0.3 BO ALGARROBO, MAYAGUEZ, PR, 00680
- **NAICS:** 721120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $725K
- **Utilities:** $1
- **Jobs reported:** 213
## 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*