# PPP loan: UNIVERSIDAD CENTRAL DE BAYAMON, INC
> **$1.03M** approved 04/14/2020 · Paid in Full · Loan `7415417101`
## Borrower
- **Name:** UNIVERSIDAD CENTRAL DE BAYAMON, INC
- **Address:** 1 Rpto La Milagrosa, AVE ZAYA vERDE, BAYAMON, PR, 00959
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $825K
- **Rent:** $15K
- **Mortgage interest:** $42K
- **Utilities:** $149K
- **Jobs reported:** 221
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*