# PPP loan: INSTITUTO PRE VOCACIONAL E IND DE PR
> **$282K** approved 03/12/2021 · Paid in Full · Loan `9240078501`
## Borrower
- **Name:** INSTITUTO PRE VOCACIONAL E IND DE PR
- **Address:** 68 Calle Puro Girau, Arecibo, PR, 00612-4705
- **NAICS:** 611519
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $282K
- **Utilities:** $1
- **Jobs reported:** 77
## 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*