PPP Loan information for Erc manufacturing inc

$93,500

Erc manufacturing inc was initially approved for PPP Loan of amount $93,500, the current approved amount is $93,500. The loan was approved on 02/08/2021 by The Banco Popular de Puerto Rico reported 20 jobs and $93,500 was used to fund payroll.

Erc manufacturing inc is Existing or more than 2 years old

ERC MANUFACTURING INC

Date Approved

02/08/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

ERC MANUFACTURING INC

Borrower Address

BO CEDRO ABAJO

Borrower City

NARANJITO

Borrower State

PR

Borrower Zip

00719

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93500.00

Current Approval Amount

93500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

NARANJITO

Project County Name

NARANJITO

Project State

PR

Project Zip

00719

CD

PR-

Jobs Reported

20

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

93497.00

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

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

94024.64

Forgiveness Date

09/01/2021

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