Wholesale Electric Caribe INC

$257,400 PPP Loan in Barceloneta, Puerto Rico

Loan Details

Loan Number
2483097209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$257,400
Current Approval
$257,400
Forgiveness Amount
$260,789
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wholesale Electric Caribe INC
Address
Bo Florida Carr 2 Km 56 Hm 5
ZIP Code
00617
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$17.2M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$193,150
Rent
$61,250
Utilities
$2,000
Mortgage Interest
$1,000

Lender Information

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

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