Automeca Technical College, INC

$999,700 PPP Loan in Bayamon, Puerto Rico

Loan Details

Loan Number
2567327203
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$999,700
Current Approval
$999,700
Forgiveness Amount
$1,008,642
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Automeca Technical College, INC
Address
Parc Juan Sanchez Km7 Hm 7 Carr-2
ZIP Code
00959
Business Type
Corporation
Industry (NAICS)
Educational Services (611519)
Business Age
Existing or more than 2 years old
Jobs Reported
203
Estimated Revenue
$42.6M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$750,950
Rent
$130,050
Utilities
$72,100
Mortgage Interest
$46,600

Lender Information

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

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