PPP Loan information for Macad contractors corp

$199,400

Macad contractors corp was initially approved for PPP Loan of amount $199,400, the current approved amount is $199,400. The loan was approved on 02/13/2021 by The Oriental Bank reported 56 jobs and $199,400 was used to fund payroll.

Macad contractors corp is Existing or more than 2 years old

MACAD CONTRACTORS CORP

Date Approved

02/13/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MACAD CONTRACTORS CORP

Borrower Address

LAS CUMBRES CALLE SIERRA MORENA EDIF. 248 Guaynabo PR 00969

Borrower City

Guaynabo

Borrower State

PR

Borrower Zip

00969

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199400.00

Current Approval Amount

199400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119281

Servicing Lender Name

Oriental Bank

Servicing Lender Address

254 Ave Mu<td,n>oz Rivera, Esq. Ave Chardon Hato Rey

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918-1900

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Guaynabo

Project County Name

GUAYNABO

Project State

PR

Project Zip

00969

CD

PR-

Jobs Reported

56

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

199400.00

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

119281

Originating Lender

Oriental Bank

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201344.15

Forgiveness Date

02/10/2022

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