General Machinery Contractors INC

$321,700 PPP Loan in Catano, Puerto Rico

Loan Details

Loan Number
2526717206
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$321,700
Current Approval
$321,700
Forgiveness Amount
$325,596
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
General Machinery Contractors INC
Address
210 Carr 869 Suite 1 Bo Palmas
City
Catano
ZIP Code
00962
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811412)
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$16.5M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$259,000
Rent
$25,200
Utilities
$35,000
Mortgage Interest
$2,500

Lender Information

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

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