# PPP loan: DIVISION 16, LLC
> **$622K** approved 04/15/2020 · Paid in Full · Loan `9172187108`
## Borrower
- **Name:** DIVISION 16, LLC
- **Address:** CARR 1 KM 27.1 RAMAL 798, CAGUAS, PR, 00725-6198
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $628K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $588K
- **Rent:** $6K
- **Utilities:** $5K
- **Health care:** $20K
- **Debt interest:** $4K
- **Jobs reported:** 85
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*