PPP Loan information for Martel incorporated

$539,200

Martel incorporated was initially approved for PPP Loan of amount $539,200, the current approved amount is $539,200. The loan was approved on 05/07/2021 by The Banco Popular de Puerto Rico reported 61 jobs and $539,200 was used to fund payroll.

Martel incorporated is Existing or more than 2 years old

PPP Loan Search / PR / SAN JUAN / Martel incorporated

MARTEL INCORPORATED

Date Approved

05/07/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MARTEL INCORPORATED

Borrower Address

1990 EMILIANO POL 1990 ESQ LAS CUMBRES CARR 199

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00926

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

539200.00

Current Approval Amount

539200.00

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

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00926

CD

PR-

Jobs Reported

61

NAICS Code

237130

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

539195.00

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

542075.73

Forgiveness Date

11/19/2021

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