# PPP loan: CAROLINA CATERING CORPORATION
> **$1.07M** approved 04/15/2020 · Paid in Full · Loan `9768697109`
## Borrower
- **Name:** CAROLINA CATERING CORPORATION
- **Address:** Jose A Santana Ave, Industrial Zone, CAF1 Bldg., Carolina, PR, 00987
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $856K
- **Rent:** $92K
- **Utilities:** $124K
- **Jobs reported:** 258
## 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*