PPP Loan information for Acr systems inc

$426,900

Acr systems inc was initially approved for PPP Loan of amount $426,900, the current approved amount is $426,900. The loan was approved on 04/28/2020 by The Banco Popular de Puerto Rico reported 47 jobs and $426,900 was used to fund payroll.

Acr systems inc is Existing or more than 2 years old

ACR SYSTEMS INC

Date Approved

04/28/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

ACR SYSTEMS INC

Borrower Address

URB RIO PLANTATION 13 CALLE 2W

Borrower City

BAYAMON

Borrower State

PR

Borrower Zip

00960

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426900.00

Current Approval Amount

426900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAYAMON

Project County Name

BAYAMON

Project State

PR

Project Zip

00960-0001

CD

PR-

Jobs Reported

47

NAICS Code

333415

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

411900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

429829.01

Forgiveness Date

01/07/2021

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