Matosantos Commercial Corporation

$736,988 PPP Loan in Vega Baja, Puerto Rico

Loan Details

Loan Number
1524727200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$736,988
Current Approval
$736,988
Forgiveness Amount
$743,989
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matosantos Commercial Corporation
Address
Cabo Caribe Industrial Park Street a Lot 23
ZIP Code
00693
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424410)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.6M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$553,000
Rent
$19,988
Utilities
$112,000
Mortgage Interest
$52,000

Lender Information

Servicing Lender
Banesco USA
Originating Lender
Banesco USA

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