# PPP loan: SAN JUAN WATER & BEACH CLUB HOTEL, INC
> **$677K** approved 04/14/2020 · Paid in Full · Loan `7230187108`
## Borrower
- **Name:** SAN JUAN WATER & BEACH CLUB HOTEL, INC
- **Address:** 2 tartak St, CAROLINA, PR, 00979
- **NAICS:** 713210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $685K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $545K
- **Mortgage interest:** $80K
- **Utilities:** $52K
- **Jobs reported:** 85
## 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*