PPP Loan information for Automatic equipment, inc.

$239,100

Automatic equipment, inc. was initially approved for PPP Loan of amount $239,100, the current approved amount is $239,100. The loan was approved on 02/09/2021 by The Banco Popular de Puerto Rico reported 39 jobs and $239,100 was used to fund payroll.

Automatic equipment, inc. is Existing or more than 2 years old

PPP Loan Search / PR / San Juan / Automatic equipment, inc.

AUTOMATIC EQUIPMENT, INC.

Date Approved

02/09/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

AUTOMATIC EQUIPMENT, INC.

Borrower Address

1020 Calle 3 SW Urb La Riviera

Borrower City

San Juan

Borrower State

PR

Borrower Zip

00921-2518

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239100.00

Current Approval Amount

239100.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

San Juan

Project County Name

SAN JUAN

Project State

PR

Project Zip

00921-2518

CD

PR-

Jobs Reported

39

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

239096.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241384.73

Forgiveness Date

01/21/2022

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