PPP Loan information for Formula shell j & l inc

$15,600

Formula shell j & l inc was initially approved for PPP Loan of amount $15,600, the current approved amount is $15,600. The loan was approved on 02/24/2021 by The Banco Popular de Puerto Rico reported 5 jobs and $15,600 was used to fund payroll.

Formula shell j & l inc is Existing or more than 2 years old

PPP Loan Search / PR / Mayaguez / Formula shell j & l inc

FORMULA SHELL J & L INC

Date Approved

02/24/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

FORMULA SHELL J & L INC

Borrower Address

268 Calle Nelson Ramirez Urb Ensanchez Ramirez

Borrower City

Mayaguez

Borrower State

PR

Borrower Zip

00682-5843

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15600.00

Current Approval Amount

15600.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mayaguez

Project County Name

MAYAGUEZ

Project State

PR

Project Zip

00682-5843

CD

PR-

Jobs Reported

5

NAICS Code

447110

Race

Puerto Rican

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

15597.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15668.90

Forgiveness Date

08/04/2021

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