PPP Loan information for Industrial equipment corp

$216,500

Industrial equipment corp was initially approved for PPP Loan of amount $216,500, the current approved amount is $216,500. The loan was approved on 05/01/2020 by The Banco Popular de Puerto Rico reported 19 jobs and $216,500 was used to fund payroll.

Industrial equipment corp is Existing or more than 2 years old

INDUSTRIAL EQUIPMENT CORP

Date Approved

05/01/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

INDUSTRIAL EQUIPMENT CORP

Borrower Address

BO SABANA LLANA SUR CARR 877 KM 0.7

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00926

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216500.00

Current Approval Amount

216500.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00926-0001

CD

PR-

Jobs Reported

19

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

216500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

218322.21

Forgiveness Date

03/08/2021

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