PPP Loan information for General machinery contractors inc

$321,700

General machinery contractors inc was initially approved for PPP Loan of amount $321,700, the current approved amount is $321,700. The loan was approved on 04/16/2020 by The Banco Popular de Puerto Rico reported 84 jobs and $321,700 was used to fund payroll.

General machinery contractors inc is Existing or more than 2 years old

PPP Loan Search / PR / Catano / General machinery contractors inc

GENERAL MACHINERY CONTRACTORS INC

Date Approved

04/16/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

GENERAL MACHINERY CONTRACTORS INC

Borrower Address

210 Carr 869 Suite 1 Bo Palmas

Borrower City

Catano

Borrower State

PR

Borrower Zip

00962

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321700.00

Current Approval Amount

321700.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Catano

Project County Name

CATANO

Project State

PR

Project Zip

00962-0200

CD

PR-

Jobs Reported

84

NAICS Code

811412

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

35000.00

Payroll Proceed

259000.00

Mortgage Interest Proceed

2500.00

Rent Proceed

25200.00

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

325596.14

Forgiveness Date

07/02/2021

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