PPP Loan information for Alco high tech plastics inc

$469,000

Alco high tech plastics inc was initially approved for PPP Loan of amount $469,000, the current approved amount is $469,000. The loan was approved on 04/27/2020 by The FirstBank Puerto Rico reported 87 jobs and $469,000 was used to fund payroll.

Alco high tech plastics inc is Existing or more than 2 years old

ALCO HIGH TECH PLASTICS INC

Date Approved

04/27/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

ALCO HIGH TECH PLASTICS INC

Borrower Address

159 Road, Km. 13

Borrower City

Corozal

Borrower State

PR

Borrower Zip

00783-2217

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

469000.00

Current Approval Amount

469000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Corozal

Project County Name

COROZAL

Project State

PR

Project Zip

00783-2217

CD

PR-

Jobs Reported

87

NAICS Code

325211

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

469000.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

475474.81

Forgiveness Date

09/15/2021

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