PPP Loan information for Worldnet telecommunications inc

$1,425,200

Worldnet telecommunications inc was initially approved for PPP Loan of amount $1,425,200, the current approved amount is $1,425,200. The loan was approved on 04/16/2020 by The Banco Popular de Puerto Rico reported 131 jobs and $1,425,200 was used to fund payroll.

Worldnet telecommunications inc is Existing or more than 2 years old

WORLDNET TELECOMMUNICATIONS INC

Date Approved

04/16/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

WORLDNET TELECOMMUNICATIONS INC

Borrower Address

CENTRO INTERNACIONAL MERCADEO 90 CARR SUITE 201

Borrower City

GUAYNABO

Borrower State

PR

Borrower Zip

00968

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1425200.00

Current Approval Amount

1425200.00

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

GUAYNABO

Project County Name

GUAYNABO

Project State

PR

Project Zip

00968-1400

CD

PR-

Jobs Reported

131

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

52900.00

Payroll Proceed

1265400.00

Mortgage Interest Proceed

0.00

Rent Proceed

106900.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1437512.14

Forgiveness Date

03/01/2021

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