PPP Loan information for Hi tec brake manufacturing co inc
$233,000
Hi tec brake manufacturing co inc was initially approved for PPP Loan of amount $233,000, the current approved amount is $233,000. The loan was approved on 05/01/2020 by The Banco Popular de Puerto Rico reported 39 jobs and $233,000 was used to fund payroll.
Hi tec brake manufacturing co inc is Existing or more than 2 years old
HI TEC BRAKE MANUFACTURING CO INC
Date Approved
05/01/2020
SBA Office Code
0252
Processing Method
PPP
Borrower Name
HI TEC BRAKE MANUFACTURING CO INC
Borrower Address
CALLE R 4 EL COMANDANTE INDUSTRIAL PARK
Borrower City
Carolina
Borrower State
PR
Borrower Zip
00983
Loan Status Date
03/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
233000.00
Current Approval Amount
233000.00
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
U
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
00983-1400
CD
PR-
Jobs Reported
39
NAICS Code
336340
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
233000.00
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
234961.08
Forgiveness Date
03/08/2021