Fajardo Ford INC

$308,900 PPP Loan in Luquillo, Puerto Rico

Loan Details

Loan Number
5671867107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$308,900
Current Approval
$308,900
Forgiveness Amount
$312,641
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fajardo Ford INC
Address
Road # 3 Km 41.8
ZIP Code
00773
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$17.9M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$274,691
Utilities
$19,400
Debt Interest
$14,809

Lender Information

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

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