Motorambar, INC
$2,005,400 PPP Loan in Catano, Puerto Rico
Loan Details
- Loan Number
- 5553757108
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,005,400
- Current Approval
- $2,005,400
- Forgiveness Amount
- $2,028,685
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Motorambar, INC
- Address
- Westgate Industrial Park, Calle 2 Esq.3
- City
- Catano
- State
- Puerto Rico
- ZIP Code
- 00962
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 190
- Estimated Revenue
- $58.2M
- Rural/Urban
- Rural
- Congressional District
- PR-
Loan Use Breakdown
- Payroll
- $1,761,400
- Rent
- $210,000
- Utilities
- $34,000
Lender Information
- Servicing Lender
- Banco Popular De Puerto Rico
- Originating Lender
- Banco Popular De Puerto Rico
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