PPP Loan information for Mech tech college llc

$697,000

Mech tech college llc was initially approved for PPP Loan of amount $697,000, the current approved amount is $697,000. The loan was approved on 05/01/2020 by The Banco Popular de Puerto Rico reported 126 jobs and $697,000 was used to fund payroll.

Mech tech college llc is Existing or more than 2 years old

MECH TECH COLLEGE LLC

Date Approved

05/01/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

MECH TECH COLLEGE LLC

Borrower Address

39 40 West Industrial Park

Borrower City

Caguas

Borrower State

PR

Borrower Zip

00725

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

697000.00

Current Approval Amount

697000.00

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

Existing or more than 2 years old

Project City

Caguas

Project County Name

CAGUAS

Project State

PR

Project Zip

00725-0001

CD

PR-

Jobs Reported

126

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

697000.00

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

Limited Liability Company(LLC)

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

Unanswered

Non Profit

Forgiveness Amount

702963.22

Forgiveness Date

03/12/2021

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