Instituto Medico Del Norte Inc.

$1,870,000 PPP Loan in Vega Baja, Puerto Rico

Loan Details

Loan Number
2706227209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,870,000
Current Approval
$1,820,200
Forgiveness Amount
$1,835,267
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Instituto Medico Del Norte Inc.
Address
Carretera 2 Km. 39.5
ZIP Code
00694-7001
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (622110)
Business Age
Existing or more than 2 years old
Jobs Reported
473
Estimated Revenue
$93.9M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$1,406,370
Utilities
$196,779
Debt Interest
$217,051

Lender Information

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

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