# PPP loan: VILLA MONTANA INC.
> **$234K** approved 04/15/2020 · Paid in Full · Loan `9922457106`
## Borrower
- **Name:** VILLA MONTANA INC.
- **Address:** BARRIO BAJURA  CARRETERA 4466 KM 1 HM 9, ISABELA, PR, 00662
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Rent:** $6K
- **Utilities:** $6K
- **Debt interest:** $5K
- **Jobs reported:** 76
## 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*