PPP Loan information for Hi tec brake manufacturing co inc

$232,900

Hi tec brake manufacturing co inc was initially approved for PPP Loan of amount $232,900, the current approved amount is $232,900. The loan was approved on 03/16/2021 by The Banco Popular de Puerto Rico reported 39 jobs and $232,900 was used to fund payroll.

Hi tec brake manufacturing co inc is Existing or more than 2 years old

PPP Loan Search / PR / CAROLINA / Hi tec brake manufacturing co inc

HI TEC BRAKE MANUFACTURING CO INC

Date Approved

03/16/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

HI TEC BRAKE MANUFACTURING CO INC

Borrower Address

CALLE R LOTE 4 EL COMANDANTE IND PARK

Borrower City

CAROLINA

Borrower State

PR

Borrower Zip

00983

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

232900.00

Current Approval Amount

232900.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CAROLINA

Project County Name

CAROLINA

Project State

PR

Project Zip

00983

CD

PR-

Jobs Reported

39

NAICS Code

336340

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

232895.00

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

234329.75

Forgiveness Date

10/27/2021

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