Manati, PR — PPP Loan Data

826 loans · $26.5M total · 99.0% forgiven

Total Loans
826
Total Approved
$26.5M
Avg $32,088/loan
Loans Forgiven
818
99.0% forgiveness rate
Amount Forgiven
$26.5M
Jobs Reported
5,530

Manati, Puerto Rico received 826 Paycheck Protection Program loans totaling $26.5M. The average loan in the city was $32,088 — below the national program average of approximately $67,000.

99.0% of loans in Manati — totaling $26.5M — 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 Manati were ROMARK GLOBAL PHARMA LLC ($798,300), ITANAM, LLC ($699,500), and CORPORACION LAS VEGAS INC ($560,200).

The most active industry sector in Manati was Offices of Physicians with 147 loans worth $4.2M, followed by Accommodation and Food Services (35 loans).

Applicants in Manati reported retaining 5,530 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.

Manati 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.

Top Industries in Manati

IndustryLoansTotal ApprovedForgiveness Rate
Offices of PhysiciansNAICS 6211147$4.2M100.0%
Accommodation and Food ServicesNAICS 722535$759,605100.0%
Offices of Other Health PractitionersNAICS 621329$706,199100.0%
Legal ServicesNAICS 541129$238,581100.0%
Other Professional, Scientific, and Technical ServicesNAICS 541923$263,487100.0%
Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 541220$183,285100.0%
Automotive Repair and MaintenanceNAICS 811118$221,684100.0%
Personal Care ServicesNAICS 812117$413,404100.0%
Health and Personal Care RetailersNAICS 446117$763,863100.0%
Medical and Diagnostic LaboratoriesNAICS 621516$1.0M100.0%

Largest Named Recipients in Manati

Only loans ≥ $150,000 have publicly disclosed borrower names.

BorrowerIndustryAmountForgiven?
ROMARK GLOBAL PHARMA LLCManufacturing$798,300Yes
ITANAM, LLCGrocery and Convenience Retailers$699,500Yes
CORPORACION LAS VEGAS INCHome Health Care Services$560,200Yes
GK PHARMACEUTICALS CONTRACT MANUFACTURING OPERATIONS LLCManufacturing$549,700Yes
ATENAS COLLEGE INC.Colleges, Universities, and Professional Schools$499,490Yes
ATENAS COLLEGE INC.Colleges, Universities, and Professional Schools$499,490Yes
ANESTESIA DEL NORTE PSCOffices of Physicians$418,200Yes
COLEGIO MARISTA EL SALVADOR INCElementary and Secondary Schools$333,337Yes
PIAGET BILINGUAL ACADEMY OF MANATI, INC.Elementary and Secondary Schools$332,387Yes
LA ESPAOLA BEAUTY SUPPLY LLCPersonal Care Services$315,388Yes
PIAGET BILINGUAL ACADEMY OF MANAT. INC.Colleges, Universities, and Professional Schools$310,800Yes
GK PHARMACEUTICALS CONTRACT MANUFACTURING OPERATIONS LLCManufacturing$273,970Yes
CAMINO DE LUZ HOSPICE CARE INC.Public Administration$226,900Yes
COLEGIO DE LA INAMCULADA CONCEPCION, INC.Elementary and Secondary Schools$225,744Yes
ATENAS COMMUNITY HEALTH CENTER INC.General Medical and Surgical Hospitals$222,209Yes
CARILY FOOD INC.Accommodation and Food Services$220,600Yes
FARMACIA DEL POZO INCHealth and Personal Care Retailers$219,300Yes
MRD LLCArchitectural, Engineering, and Related Services$211,400Yes
RPS MEDICAL SERVICES CORP.Architectural, Engineering, and Related Services$209,000Yes
PHYSICAL THERAPY SERVICES, INC.Consumer Goods Rental$204,300Yes
TEKNIEK CONSTRUCTIONOther Heavy and Civil Engineering Construction$203,300Yes
COLEGIO DE LA INAMCULADA CONCEPCION INC.Elementary and Secondary Schools$202,427Yes
PRO VISION OPTICAL LLCOffices of Other Health Practitioners$201,800Yes
DM WIRELESS LLCOther Telecommunications$201,100Yes
PIECES TOGETHER LEARNING ACADEMY INCORPORATED$200,000Yes

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