# PPP loan: CIRACET CORP
> **$481K** approved 01/27/2021 · Paid in Full · Loan `6980368300`
## Borrower
- **Name:** CIRACET CORP
- **Address:** 2831 AVE LAS AMERICAS, Ponce, PR, 00717
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $481K
- **Initial approval:** $481K
- **Forgiven:** $485K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $481K
- **Utilities:** $1
- **Jobs reported:** 70
## 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*