PPP Loan information for More automotive products, inc

$316,600

More automotive products, inc was initially approved for PPP Loan of amount $316,600, the current approved amount is $316,600. The loan was approved on 04/15/2020 by The Banco Popular de Puerto Rico reported 68 jobs and $316,600 was used to fund payroll.

More automotive products, inc is Existing or more than 2 years old

PPP Loan Search / PR / Carolina / More automotive products, inc

MORE AUTOMOTIVE PRODUCTS, INC

Date Approved

04/15/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

MORE AUTOMOTIVE PRODUCTS, INC

Borrower Address

PO Box 810130. Ave. Baldorioty de Castro KM 10.1 Marginal Los Angeles

Borrower City

Carolina

Borrower State

PR

Borrower Zip

00979

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316600.00

Current Approval Amount

316600.00

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

Carolina

Project County Name

SAN JUAN

Project State

PR

Project Zip

00979-1200

CD

PR-

Jobs Reported

68

NAICS Code

532111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8845.51

Payroll Proceed

237754.49

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

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

320566.29

Forgiveness Date

07/19/2021

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