PPP Loan information for Steel and pipes inc

$1,618,600

Steel and pipes inc was initially approved for PPP Loan of amount $1,618,600, the current approved amount is $1,618,600. The loan was approved on 02/02/2021 by The Banco Popular de Puerto Rico reported 280 jobs and $1,618,600 was used to fund payroll.

Steel and pipes inc is Existing or more than 2 years old

STEEL AND PIPES INC

Date Approved

02/02/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

STEEL AND PIPES INC

Borrower Address

Barrio Rio Canas Carretera 1 KM 27 HM 5

Borrower City

Caguas

Borrower State

PR

Borrower Zip

00726

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1618600.00

Current Approval Amount

1618600.00

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

Caguas

Project County Name

CAGUAS

Project State

PR

Project Zip

00726

CD

PR-

Jobs Reported

280

NAICS Code

423510

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1618594.00

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

1627906.95

Forgiveness Date

08/31/2021

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