# PPP loan: KARIMAR CONSTRUCTION INC
> **$378K** approved 03/20/2021 · Paid in Full · Loan `5241508601`
## Borrower
- **Name:** KARIMAR CONSTRUCTION INC
- **Address:** PR#2 Km 133.5 Centerplex Building Suite#310, AGUADA, PR, 00602
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 03/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $378K
- **Utilities:** $1
- **Jobs reported:** 99
## 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*