PPP Loan information for Necco inc

$980,000

Necco inc was initially approved for PPP Loan of amount $980,000, the current approved amount is $980,000. The loan was approved on 04/16/2020 by The Banco Popular de Puerto Rico reported 306 jobs and $980,000 was used to fund payroll.

Necco inc is Existing or more than 2 years old

NECCO INC

Date Approved

04/16/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

NECCO INC

Borrower Address

Carr 887 km 0.4 CAROLINA COMERCIAL PARK

Borrower City

Carolina

Borrower State

PR

Borrower Zip

00987

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

980000.00

Current Approval Amount

980000.00

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

Carolina

Project County Name

CAROLINA

Project State

PR

Project Zip

00987-2000

CD

PR-

Jobs Reported

306

NAICS Code

445110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

121800.00

Payroll Proceed

735000.00

Mortgage Interest Proceed

19800.00

Rent Proceed

103400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

Non-Veteran

Non Profit

Forgiveness Amount

988384.44

Forgiveness Date

02/25/2021

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