PPP Loan information for Puerto rican organization to motivate, enlighten, and serve

$8,519,170

Puerto rican organization to motivate, enlighten, and serve was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $8,519,170. The loan was approved on 08/08/2020 by The Popular Bank reported 500 jobs and $8,519,170 was used to fund payroll.

Puerto rican organization to motivate, enlighten, and serve is Existing or more than 2 years old

PUERTO RICAN ORGANIZATION TO MOTIVATE, ENLIGHTEN, AND SERVE

Date Approved

08/08/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

PUERTO RICAN ORGANIZATION TO MOTIVATE, ENLIGHTEN, AND SERVE

Borrower Address

300 East 175th Street

Borrower City

Bronx

Borrower State

NY

Borrower Zip

10457-5804

Loan Status Date

04/19/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

8519170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123625

Servicing Lender Name

Popular Bank

Servicing Lender Address

11 W 51st St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10019-6994

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bronx

Project County Name

BRONX

Project State

NY

Project Zip

10457-5804

CD

NY-15

Jobs Reported

500

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8519170.00

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

Non-Profit Organization

Originating Lender Location Id

123625

Originating Lender

Popular Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

8744928.00

Forgiveness Date

04/03/2023

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