PPP Loan information for Mech tech college llc

$741,400

Mech tech college llc was initially approved for PPP Loan of amount $741,400, the current approved amount is $741,400. The loan was approved on 03/12/2021 by The Banco Popular de Puerto Rico reported 116 jobs and $741,400 was used to fund payroll.

Mech tech college llc is Existing or more than 2 years old

MECH TECH COLLEGE LLC

Date Approved

03/12/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MECH TECH COLLEGE LLC

Borrower Address

39-40 Calle B Parque Industrial Oeste

Borrower City

Caguas

Borrower State

PR

Borrower Zip

00725

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

741400.00

Current Approval Amount

741400.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Caguas

Project County Name

CAGUAS

Project State

PR

Project Zip

00725

CD

PR-

Jobs Reported

116

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

741400.00

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

Limited Liability Company(LLC)

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

Unanswered

Non Profit

Forgiveness Amount

749184.70

Forgiveness Date

03/31/2022

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