PPP Loan information for Power equipment inc.
$26,200
Power equipment inc. was initially approved for PPP Loan of amount $26,200, the current approved amount is $26,200. The loan was approved on 01/30/2021 by The Banco Popular de Puerto Rico reported 2 jobs and $26,200 was used to fund payroll.
Power equipment inc. is Existing or more than 2 years old
POWER EQUIPMENT INC.
Date Approved
01/30/2021
SBA Office Code
0252
Processing Method
PPS
Borrower Name
POWER EQUIPMENT INC.
Borrower Address
605 Ave Condado
Borrower City
Santurce
Borrower State
PR
Borrower Zip
00907-3843
Loan Status Date
07/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
26200.00
Current Approval Amount
26200.00
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
Y
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Santurce
Project County Name
SAN JUAN
Project State
PR
Project Zip
00907-3843
CD
PR-
Jobs Reported
2
NAICS Code
423830
Race
Unanswered
Ethnicity
Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
26196.00
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
26552.24
Forgiveness Date
06/03/2022