PPP Loan information for Motopac corp

$132,885

Motopac corp was initially approved for PPP Loan of amount $132,885, the current approved amount is $132,885. The loan was approved on 02/16/2021 by The FirstBank Puerto Rico reported 25 jobs and $132,885 was used to fund payroll.

Motopac corp is Existing or more than 2 years old

MOTOPAC CORP

Date Approved

02/16/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MOTOPAC CORP

Borrower Address

RD. 5 KM. 5.5 MARGINAL LUCHETTI INDUSTRIAL PARK

Borrower City

BAYAMON

Borrower State

PR

Borrower Zip

00961

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

132885.00

Current Approval Amount

132885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAYAMON

Project County Name

BAYAMON

Project State

PR

Project Zip

00961

CD

PR-

Jobs Reported

25

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

132882.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134276.60

Forgiveness Date

03/03/2022

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