# PPP loan: HOGAR COLEGIO LA MILAGROSA INC
> **$162K** approved 04/27/2020 · Paid in Full · Loan `5344497204`
## Borrower
- **Name:** HOGAR COLEGIO LA MILAGROSA INC
- **Address:** URB ZENO GANDIA AVE FCO JIMENEZ GONZALEZ 987, ARECIBO, PR, 00612
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Utilities:** $32K
- **Jobs reported:** 62
## 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*