PPP Loan information for Micronesia renewable energy inc

$331,360

Micronesia renewable energy inc was initially approved for PPP Loan of amount $331,360, the current approved amount is $331,360. The loan was approved on 02/19/2021 by The Bank of Guam reported 30 jobs and $331,360 was used to fund payroll.

Micronesia renewable energy inc is Existing or more than 2 years old

MICRONESIA RENEWABLE ENERGY INC

Date Approved

02/19/2021

SBA Office Code

0951

Processing Method

PPS

Borrower Name

MICRONESIA RENEWABLE ENERGY INC

Borrower Address

177 Ilipog Dr

Borrower City

Tamuning

Borrower State

GU

Borrower Zip

96913-4107

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

331360.00

Current Approval Amount

331360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19845

Servicing Lender Name

Bank of Guam

Servicing Lender Address

111 Chalan Santo Papa

Servicing Lender City

HAGATNA

Servicing Lender State

GU

Servicing Lender Zip

96910-5169

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tamuning

Project County Name

GUAM

Project State

GU

Project Zip

96913-4107

CD

GU-

Jobs Reported

30

NAICS Code

221114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

331356.00

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

19845

Originating Lender

Bank of Guam

Originating Lender City

HAGATNA

Originating Lender State

GU

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

333266.45

Forgiveness Date

10/26/2021

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