# PPP loan: COLEGIO PONCENO INC
> **$313K** approved 05/01/2020 · Paid in Full · Loan `9397367703`
## Borrower
- **Name:** COLEGIO PONCENO INC
- **Address:** CARRETERA 14 KM 6 HM 3  BO CERRILLOS, PONCE, PR, 00780
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $313K
- **Jobs reported:** 86
## 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*