# PPP loan: INITRAM LLC
> **$164K** approved 03/03/2021 · Paid in Full · Loan `6157318507`
## Borrower
- **Name:** INITRAM LLC
- **Address:** 6501 Red Hook Plz Ste 30, St Thomas, VI, 00802-1373
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (102%)
- **Forgiveness date:** 12/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 15
## 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*