PPP Loan information for Aro motors corp

$32,365

Aro motors corp was initially approved for PPP Loan of amount $32,365, the current approved amount is $32,365. The loan was approved on 04/27/2020 by The FirstBank Puerto Rico reported 15 jobs and $32,365 was used to fund payroll.

Aro motors corp is New Business or 2 years or less

ARO MOTORS CORP

Date Approved

04/27/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

ARO MOTORS CORP

Borrower Address

CARR 887 KM 3.1

Borrower City

CAROLINA

Borrower State

PR

Borrower Zip

00985

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32365.00

Current Approval Amount

32365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CAROLINA

Project County Name

CAROLINA

Project State

PR

Project Zip

00985-1000

CD

PR-

Jobs Reported

15

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32365.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22499.81

Forgiveness Date

12/09/2020

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