PPP Loan information for Division 16, llc

$622,188

Division 16, llc was initially approved for PPP Loan of amount $622,188, the current approved amount is $622,188. The loan was approved on 04/15/2020 by The Banesco USA reported 85 jobs and $622,188 was used to fund payroll.

Division 16, llc is Existing or more than 2 years old

DIVISION 16, LLC

Date Approved

04/15/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

DIVISION 16, LLC

Borrower Address

CARR 1 KM 27.1 RAMAL 798

Borrower City

CAGUAS

Borrower State

PR

Borrower Zip

00725-6198

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

622188.00

Current Approval Amount

622188.00

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

Existing or more than 2 years old

Project City

CAGUAS

Project County Name

CAGUAS

Project State

PR

Project Zip

00725-6198

CD

PR-

Jobs Reported

85

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

587688.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19500.00

Debt Interest Proceed

4000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

437582

Originating Lender

Banesco USA

Originating Lender City

Miami

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

628098.79

Forgiveness Date

03/31/2021

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