Morales Bakery, Inc.

$40,900 PPP Loan in Lares, Puerto Rico

Loan Details

Loan Number
5836527207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$40,900
Current Approval
$40,900
Forgiveness Amount
$41,231
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morales Bakery, Inc.
Address
Barrio Lares Sector La Sierra Carretera 111 Km 23 Hm 5 Inter
City
Lares
ZIP Code
00669
Business Type
Corporation
Industry (NAICS)
Manufacturing (311812)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$40,900

Lender Information

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

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