PPP Loan information for The palmas academy inc.

$259,600

The palmas academy inc. was initially approved for PPP Loan of amount $259,600, the current approved amount is $259,600. The loan was approved on 02/09/2021 by The Banco Popular de Puerto Rico reported 51 jobs and $259,600 was used to fund payroll.

The palmas academy inc. is Existing or more than 2 years old

THE PALMAS ACADEMY INC.

Date Approved

02/09/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

THE PALMAS ACADEMY INC.

Borrower Address

10 Academy Dr

Borrower City

Humacao

Borrower State

PR

Borrower Zip

00791-6130

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259600.00

Current Approval Amount

259600.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Humacao

Project County Name

HUMACAO

Project State

PR

Project Zip

00791-6130

CD

PR-

Jobs Reported

51

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

259594.00

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

262614.24

Forgiveness Date

04/14/2022

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