PPP Loan information for Brake & clutch, inc.

$113,705

Brake & clutch, inc. was initially approved for PPP Loan of amount $113,705, the current approved amount is $113,705. The loan was approved on 04/27/2020 by The Banesco USA reported 20 jobs and $113,705 was used to fund payroll.

Brake & clutch, inc. is Unanswered

PPP Loan Search / PR / PONCE / Brake & clutch, inc.

BRAKE & CLUTCH, INC.

Date Approved

04/27/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

BRAKE & CLUTCH, INC.

Borrower Address

AVE TITO CASTRO 1497

Borrower City

PONCE

Borrower State

PR

Borrower Zip

00716-4716

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113705.00

Current Approval Amount

113705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437582

Servicing Lender Name

Banesco USA

Servicing Lender Address

3155 NW 77th Ave

Servicing Lender City

Miami

Servicing Lender State

FL

Servicing Lender Zip

33122

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

PONCE

Project County Name

PONCE

Project State

PR

Project Zip

00716-4716

CD

PR-

Jobs Reported

20

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1349.00

Payroll Proceed

110356.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

437582

Originating Lender

Banesco USA

Originating Lender City

Miami

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

114545.15

Forgiveness Date

01/27/2021

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