# PPP loan: CARIBBEAN GLAZE CORPORATION
> **$820K** approved 04/15/2020 · Paid in Full · Loan `8699577109`
## Borrower
- **Name:** CARIBBEAN GLAZE CORPORATION
- **Address:** B5 Calle Tabonuco, GUAYNABO, PR, 00968
- **NAICS:** 722513
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $820K
- **Initial approval:** $820K
- **Forgiven:** $830K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $615K
- **Rent:** $75K
- **Utilities:** $72K
- **Debt interest:** $58K
- **Jobs reported:** 247
## 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*