PPP Loan information for Arrope inc

$72,229

Arrope inc was initially approved for PPP Loan of amount $72,229, the current approved amount is $72,229. The loan was approved on 04/05/2021 by The FirstBank Puerto Rico reported 20 jobs and $72,229 was used to fund payroll.

Arrope inc is Existing or more than 2 years old

PPP Loan Search / PR / Rio Piedras / Arrope inc

ARROPE INC

Date Approved

04/05/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

ARROPE INC

Borrower Address

51 Calle Consuelo Carbo

Borrower City

Rio Piedras

Borrower State

PR

Borrower Zip

00925-2468

Loan Status Date

03/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72229.00

Current Approval Amount

72229.00

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

Rio Piedras

Project County Name

SAN JUAN

Project State

PR

Project Zip

00925-2468

CD

PR-

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

72222.00

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

Non-Veteran

Non Profit

Forgiveness Amount

73553.20

Forgiveness Date

02/02/2023

;