Venegas Construction Corp.

$470,000 PPP Loan in Ponce, Puerto Rico

Loan Details

Loan Number
7258877105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$470,000
Current Approval
$470,000
Forgiveness Amount
$476,489
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Venegas Construction Corp.
Address
472 Ave. Tito Castro, Ste. 201
City
Ponce
ZIP Code
00716
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$79.8M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$448,000
Rent
$9,500
Utilities
$7,300
Mortgage Interest
$5,200

Lender Information

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

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