M Otero & Cia., Inc.

$109,400 PPP Loan in Manati, Puerto Rico

Loan Details

Loan Number
6865747403
Date Approved
May 15, 2020
Loan Status
Paid in Full
Initial Approval
$109,400
Current Approval
$109,400
Forgiveness Amount
$110,309
Forgiveness Date
Mar 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M Otero & Cia., Inc.
Address
32 Carr, Km 49.7 Plaza Puerta Del Sol
City
Manati
ZIP Code
00674
Business Type
Corporation
Industry (NAICS)
Retail Trade (444130)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$81,500
Rent
$21,300
Utilities
$6,600

Lender Information

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

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