Brake & Clutch, Inc.

$113,705 PPP Loan in Ponce, Puerto Rico

Loan Details

Loan Number
6011707202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$113,705
Current Approval
$113,705
Forgiveness Amount
$114,545
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Brake & Clutch, Inc.
Address
Ave Tito Castro 1497
City
Ponce
ZIP Code
00716-4716
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Unanswered
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$110,356
Rent
$2,000
Utilities
$1,349

Lender Information

Servicing Lender
Banesco USA
Originating Lender
Banesco USA

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