PPP Loan information for Idrive motors group corporation

$44,800

Idrive motors group corporation was initially approved for PPP Loan of amount $44,800, the current approved amount is $44,800. The loan was approved on 05/01/2020 by The Banco Popular de Puerto Rico reported 11 jobs and $44,800 was used to fund payroll.

Idrive motors group corporation is New Business or 2 years or less

PPP Loan Search / PR / Caguas / Idrive motors group corporation

IDRIVE MOTORS GROUP CORPORATION

Date Approved

05/01/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

IDRIVE MOTORS GROUP CORPORATION

Borrower Address

Carr 1 Km 33.1 Bo Bairoa

Borrower City

Caguas

Borrower State

PR

Borrower Zip

00725

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44800.00

Current Approval Amount

44800.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Caguas

Project County Name

CAGUAS

Project State

PR

Project Zip

00725-0001

CD

PR-

Jobs Reported

11

NAICS Code

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44800.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45219.38

Forgiveness Date

04/12/2021

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