PPP Loan information for Motorambar inc.

$1,969,000

Motorambar inc. was initially approved for PPP Loan of amount $1,969,000, the current approved amount is $1,969,000. The loan was approved on 02/08/2021 by The Banco Popular de Puerto Rico reported 188 jobs and $1,969,000 was used to fund payroll.

Motorambar inc. is Existing or more than 2 years old

PPP Loan Search / PR / Catano / Motorambar inc.

MOTORAMBAR INC.

Date Approved

02/08/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MOTORAMBAR INC.

Borrower Address

Westgate Industrial Park Calle 2 Esq 3

Borrower City

Catano

Borrower State

PR

Borrower Zip

00962

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1969000.00

Current Approval Amount

1969000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Catano

Project County Name

CATANO

Project State

PR

Project Zip

00962

CD

PR-

Jobs Reported

188

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1968999.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1981306.25

Forgiveness Date

09/27/2021

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