# PPP loan: MAGENS BAY CONCESSION INC
> **$200K** approved 05/01/2020 · Paid in Full · Loan `9392937709`
## Borrower
- **Name:** MAGENS BAY CONCESSION INC
- **Address:** Magens Bay Beach, Charlotte Amalie, VI, 00802
- **NAICS:** 722515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 30
## 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*