A M Electric INC

$289,700 PPP Loan in Mayaguez, Puerto Rico

Loan Details

Loan Number
1728287201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$289,700
Current Approval
$289,700
Forgiveness Amount
$292,138
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
A M Electric INC
Address
Sector Concordia 105 Calle Jose G Padilla Modulo 202
ZIP Code
00680
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$17.8M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$272,600
Rent
$2,100
Utilities
$9,000
Mortgage Interest
$6,000

Lender Information

Servicing Lender
Banco Popular De Puerto Rico
Originating Lender
Banco Popular De Puerto Rico

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