PPP Loan information for Automeca technical college, inc

$999,700

Automeca technical college, inc was initially approved for PPP Loan of amount $999,700, the current approved amount is $999,700. The loan was approved on 04/16/2020 by The Banco Popular de Puerto Rico reported 203 jobs and $999,700 was used to fund payroll.

Automeca technical college, inc is Existing or more than 2 years old

AUTOMECA TECHNICAL COLLEGE, INC

Date Approved

04/16/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

AUTOMECA TECHNICAL COLLEGE, INC

Borrower Address

Parc Juan Sanchez Km7 Hm 7 Carr-2

Borrower City

Bayamon

Borrower State

PR

Borrower Zip

00959

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

999700.00

Current Approval Amount

999700.00

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

Bayamon

Project County Name

BAYAMON

Project State

PR

Project Zip

00959-1900

CD

PR-

Jobs Reported

203

NAICS Code

611519

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

72100.00

Payroll Proceed

750950.00

Mortgage Interest Proceed

46600.00

Rent Proceed

130050.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1008641.76

Forgiveness Date

03/09/2021

;