# PPP loan: MANATI HOTEL COMPANY LLC
> **$769K** approved 04/27/2020 · Paid in Full · Loan `4918537209`
## Borrower
- **Name:** MANATI HOTEL COMPANY LLC
- **Address:** BO SALDINERA #120 CARR 693, DORADO, PR, 00646
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $769K
- **Initial approval:** $769K
- **Forgiven:** $778K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Rent:** $19K
- **Utilities:** $103K
- **Jobs reported:** 111
## 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*