Dorado, PR — PPP Loan Data

Dorado, Puerto Rico received 1,080 Paycheck Protection Program loans totaling $38.0M. The average loan in the city was $35,161 — below the national program average of approximately $67,000.

98.5% of loans in Dorado — totaling $37.7M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Dorado were BAYAMON HOTEL COMPANY LLC ($1,460,500), TASIS DORADO EDUCATIONAL FOUNDATION INC ($1,400,200), and MASTER PAINTS AND CHEMICAL CORPORATION ($1,367,700).

The most active industry sector in Dorado was Offices of Physicians with 86 loans worth $1.9M, followed by Management, Scientific, and Technical Consulting Services (86 loans).

Applicants in Dorado reported retaining 6,995 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Dorado is part of Puerto Rico, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.