Agustin Morales, Inc.

$1,399,000 PPP Loan in Isabela, Puerto Rico

Loan Details

Loan Number
1779817205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,399,000
Current Approval
$1,399,000
Forgiveness Amount
$1,412,329
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Agustin Morales, Inc.
Address
4 Calle Barbosa
ZIP Code
00662
Business Type
Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$124.8M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$1,062,086
Rent
$170,806
Utilities
$156,108
Mortgage Interest
$10,000

Lender Information

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

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