PPP Loan information for Educational technical college inc

$240,000

Educational technical college inc was initially approved for PPP Loan of amount $240,000, the current approved amount is $240,000. The loan was approved on 04/20/2021 by The Banco Popular de Puerto Rico reported 30 jobs and $240,000 was used to fund payroll.

Educational technical college inc is Existing or more than 2 years old

EDUCATIONAL TECHNICAL COLLEGE INC

Date Approved

04/20/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

EDUCATIONAL TECHNICAL COLLEGE INC

Borrower Address

28 Calle Santa Cruz

Borrower City

Bayamon

Borrower State

PR

Borrower Zip

00961-6906

Loan Status Date

05/25/2021

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

240000.00

Current Approval Amount

240000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bayamon

Project County Name

BAYAMON

Project State

PR

Project Zip

00961-6906

CD

PR-

Jobs Reported

30

NAICS Code

611210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

239998.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

174228.91

Forgiveness Date

12/07/2022

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