PPP Loan information for Innovations by degro inc

$47,002

Innovations by degro inc was initially approved for PPP Loan of amount $47,002, the current approved amount is $47,002. The loan was approved on 04/29/2020 by The FirstBank Puerto Rico reported 18 jobs and $47,002 was used to fund payroll.

Innovations by degro inc is New Business or 2 years or less

INNOVATIONS BY DEGRO INC

Date Approved

04/29/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

INNOVATIONS BY DEGRO INC

Borrower Address

BO CERRILLO

Borrower City

COTTO LAUREL

Borrower State

PR

Borrower Zip

00780

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47002.00

Current Approval Amount

47002.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

COTTO LAUREL

Project County Name

PONCE

Project State

PR

Project Zip

00780-0001

CD

PR-

Jobs Reported

18

NAICS Code

332321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47002.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47316.65

Forgiveness Date

01/08/2021

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