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 04/16/2020 by The Bank of Guam reported 37 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

04/16/2020

SBA Office Code

0951

Processing Method

PPP

Borrower Name

MICRONESIA RENEWABLE ENERGY INC

Borrower Address

177 Ilipog Drive

Borrower City

BARRIGADA

Borrower State

GU

Borrower Zip

96913

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

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

BARRIGADA

Project County Name

GUAM

Project State

GU

Project Zip

96913-1100

CD

GU-

Jobs Reported

37

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

331360.00

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

334355.86

Forgiveness Date

03/31/2021

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