PPP Loan information for Instituto medico del norte inc.

$1,820,200

Instituto medico del norte inc. was initially approved for PPP Loan of amount $1,870,000, the current approved amount is $1,820,200. The loan was approved on 04/16/2020 by The Banco Popular de Puerto Rico reported 473 jobs and $1,820,200 was used to fund payroll.

Instituto medico del norte inc. is Existing or more than 2 years old

PPP Loan Search / PR / Vega Baja / Instituto medico del norte inc.

INSTITUTO MEDICO DEL NORTE INC.

Date Approved

04/16/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

INSTITUTO MEDICO DEL NORTE INC.

Borrower Address

Carretera 2 Km. 39.5

Borrower City

Vega Baja

Borrower State

PR

Borrower Zip

00694-7001

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1870000.00

Current Approval Amount

1820200.00

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

Vega Baja

Project County Name

VEGA ALTA

Project State

PR

Project Zip

00694-7001

CD

PR-

Jobs Reported

473

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

196779.00

Payroll Proceed

1406369.52

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

217051.48

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

1835267.21

Forgiveness Date

02/10/2021

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