PPP Loan information for Trans oceanic life insurance company

$680,837

Trans oceanic life insurance company was initially approved for PPP Loan of amount $680,837, the current approved amount is $680,837. The loan was approved on 04/27/2020 by The FirstBank Puerto Rico reported 91 jobs and $680,837 was used to fund payroll.

Trans oceanic life insurance company is New Business or 2 years or less

TRANS OCEANIC LIFE INSURANCE COMPANY

Date Approved

04/27/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

TRANS OCEANIC LIFE INSURANCE COMPANY

Borrower Address

PO BX 363467

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00936

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680837.00

Current Approval Amount

680837.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00936-0001

CD

PR-

Jobs Reported

91

NAICS Code

524113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

680837.00

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

688004.70

Forgiveness Date

05/21/2021

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