Serralles Hotel,inc

$2,088,000 PPP Loan in Ponce, Puerto Rico

Loan Details

Loan Number
2711617202
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$2,088,000
Current Approval
$2,088,000
Forgiveness Amount
$2,112,244
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Serralles Hotel,inc
Address
1150 Caribe Avenue, Suite 201
City
Ponce
ZIP Code
00716
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721120)
Business Age
Existing or more than 2 years old
Jobs Reported
369
Estimated Revenue
$115.4M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$1,628,640
Utilities
$250,560
Debt Interest
$208,800

Lender Information

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

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