Division 16, LLC

$622,188 PPP Loan in Caguas, Puerto Rico

Loan Details

Loan Number
9172187108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$622,188
Current Approval
$622,188
Forgiveness Amount
$628,099
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Division 16, LLC
Address
Carr 1 Km 27.1 Ramal 798
City
Caguas
ZIP Code
00725-6198
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$28.0M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$587,688
Rent
$6,000
Utilities
$5,000
Health Care
$19,500
Debt Interest
$4,000

Lender Information

Servicing Lender
Banesco USA
Originating Lender
Banesco USA

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