# PPP loan: WIT MANAGEMENT INC
> **$218K** approved 04/27/2020 · Paid in Full · Loan `5058827206`
## Borrower
- **Name:** WIT MANAGEMENT INC
- **Address:** IND LUCHETI 275 CARR 5, BAYAMON, PR, 00961
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 37
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*