PPP Loan information for Frank electric services inc

$260,000

Frank electric services inc was initially approved for PPP Loan of amount $260,000, the current approved amount is $260,000. The loan was approved on 03/20/2021 by The Banco Popular de Puerto Rico reported 38 jobs and $260,000 was used to fund payroll.

Frank electric services inc is Existing or more than 2 years old

PPP Loan Search / PR / Ponce / Frank electric services inc

FRANK ELECTRIC SERVICES INC

Date Approved

03/20/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

FRANK ELECTRIC SERVICES INC

Borrower Address

SECTOR PLAYA DE PONCE 191 AVE HOSTOS

Borrower City

Ponce

Borrower State

PR

Borrower Zip

00731

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260000.00

Current Approval Amount

260000.00

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

Ponce

Project County Name

PONCE

Project State

PR

Project Zip

00731

CD

PR-

Jobs Reported

38

NAICS Code

238210

Race

Puerto Rican

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260000.00

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

Non-Veteran

Non Profit

Forgiveness Amount

261661.11

Forgiveness Date

11/17/2021

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