PPP Loan information for Lares medical center inc

$223,800

Lares medical center inc was initially approved for PPP Loan of amount $223,800, the current approved amount is $223,800. The loan was approved on 04/29/2020 by The Banco Popular de Puerto Rico reported 61 jobs and $223,800 was used to fund payroll.

Lares medical center inc is Existing or more than 2 years old

LARES MEDICAL CENTER INC

Date Approved

04/29/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

LARES MEDICAL CENTER INC

Borrower Address

CARR 111 KM 2.9 BO PUEBLO

Borrower City

LARES

Borrower State

PR

Borrower Zip

00669

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223800.00

Current Approval Amount

223800.00

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

LARES

Project County Name

LARES

Project State

PR

Project Zip

00669-0001

CD

PR-

Jobs Reported

61

NAICS Code

621491

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

43800.00

Payroll Proceed

180000.00

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

226454.52

Forgiveness Date

07/07/2021

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