# PPP loan: COMMUNIKART, INC
> **$307K** approved 04/14/2020 · Paid in Full · Loan `7207737109`
## Borrower
- **Name:** COMMUNIKART, INC
- **Address:** Edif Cesar Castillo Calle Angel Buonono 361, SAN JUAN, PR, 00918
- **NAICS:** 517312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $61K
- **Jobs reported:** 115
## 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*