PPP Loan information for Multisystems inc

$399,000

Multisystems inc was initially approved for PPP Loan of amount $399,000, the current approved amount is $399,000. The loan was approved on 04/13/2020 by The Banco Popular de Puerto Rico reported 39 jobs and $399,000 was used to fund payroll.

Multisystems inc is Existing or more than 2 years old

MULTISYSTEMS INC

Date Approved

04/13/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

MULTISYSTEMS INC

Borrower Address

803 Suite Capital Center South Tower

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00918

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399000.00

Current Approval Amount

399000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00918-1000

CD

PR-

Jobs Reported

39

NAICS Code

423430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11915.00

Payroll Proceed

357085.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402546.67

Forgiveness Date

03/09/2021

;