# PPP loan: MAYAGUEZ RESORT & CASINO, INC
> **$300K** approved 05/01/2020 · Paid in Full · Loan `9407147701`
## Borrower
- **Name:** MAYAGUEZ RESORT & CASINO, INC
- **Address:** Carr 104 Km 0.3 Bo Algarrobo, Mayaguez, PR, 00680
- **NAICS:** 721120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 43
## 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*