PPP Loan information for Morales bakery inc.

$42,100

Morales bakery inc. was initially approved for PPP Loan of amount $42,100, the current approved amount is $42,100. The loan was approved on 02/09/2021 by The Banco Popular de Puerto Rico reported 13 jobs and $42,100 was used to fund payroll.

Morales bakery inc. is Existing or more than 2 years old

PPP Loan Search / PR / Lares / Morales bakery inc.

MORALES BAKERY INC.

Date Approved

02/09/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MORALES BAKERY INC.

Borrower Address

BARRIO LARES SECTOR LA SIERRA CARRETERA 111 KM 23 HM 5 INTERIOR

Borrower City

Lares

Borrower State

PR

Borrower Zip

00669

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42100.00

Current Approval Amount

42100.00

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

CD

PR-

Jobs Reported

13

NAICS Code

311313

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42095.00

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

42425.11

Forgiveness Date

11/17/2021

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