PPP Loan information for Akm mfg, inc.

$518,173

Akm mfg, inc. was initially approved for PPP Loan of amount $518,173, the current approved amount is $518,173. The loan was approved on 04/09/2020 by The Banesco USA reported 90 jobs and $518,173 was used to fund payroll.

Akm mfg, inc. is Existing or more than 2 years old

AKM MFG, INC.

Date Approved

04/09/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

AKM MFG, INC.

Borrower Address

CALLE A URB IND MARIO JULIA #418 STE 1

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00920-2005

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518173.00

Current Approval Amount

518173.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437582

Servicing Lender Name

Banesco USA

Servicing Lender Address

3155 NW 77th Ave

Servicing Lender City

Miami

Servicing Lender State

FL

Servicing Lender Zip

33122

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

00920-2005

CD

PR-

Jobs Reported

90

NAICS Code

423610

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

4543.00

Payroll Proceed

388630.00

Mortgage Interest Proceed

0.00

Rent Proceed

125000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

437582

Originating Lender

Banesco USA

Originating Lender City

Miami

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

522620.65

Forgiveness Date

02/18/2021

;