PPP Loan information for Instituto nueva escuela inc

$673,000

Instituto nueva escuela inc was initially approved for PPP Loan of amount $673,000, the current approved amount is $673,000. The loan was approved on 05/01/2020 by The Banco Popular de Puerto Rico reported 277 jobs and $673,000 was used to fund payroll.

Instituto nueva escuela inc is Existing or more than 2 years old

INSTITUTO NUEVA ESCUELA INC

Date Approved

05/01/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

INSTITUTO NUEVA ESCUELA INC

Borrower Address

1101 AVE PONCE DE LEON ALTOS ESQ PASEO DE DIEGO

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00925

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

673000.00

Current Approval Amount

673000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00925-2100

CD

PR-

Jobs Reported

277

NAICS Code

611699

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

673000.00

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

Non-Profit Childcare Center

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

662172.05

Forgiveness Date

03/09/2021

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